Illegal scheme of selling real estate that caused 9.5 million UAH of budget losses was exposed

Tax specialists of Vinnytsia region exposed operations that may be related to legalization of illegally obtained income due to the introduction of knowingly unreliable information in payer’s tax reporting and failure to register as a value added tax payer.

Anti-money laundering department of main Directorate of the STS in Vinnytsia region detected that the business entity did not declare income from the sale of real estate, as a result of which taxes weren’t paid to the budget totaling more than 9.5 million UAH.

Materials were handed over to the law enforcement agency for decision-making within the Criminal Procedural Code of Ukraine.

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