The representatives of the company, contrary to the need to comply with the court order, hinder the searches in all possible ways, do not provide the requested information and documents, block the place and hide the material evidence.
The Bureau of Economic Security announced the exposure of a group of companies that avoided paying UAH 30 million in income tax. The BEB press service reported this on Thursday, January 9.
Businesses specialize in the storage and loading of agricultural products. They are also part of a holding company resident in the United Arab Emirates and appear in several criminal proceedings and court cases regarding non-transparent activities and non-payment of accounts payable to American investment funds.
It was established that company officials deliberately underestimated the tax base. In particular, according to tax reporting, the cost of their cargo transshipment services is 200-300 UAH per ton, while the average market cost of similar work in Ukraine is 800 UAH.
The difference between the market value of the services and that reflected in the company’s tax reporting is transferred to controlled non-resident enterprises. Subsequently, unaccounted profits were repatriated to the country through illegal cash points.
So, in 2023-2024 alone, holding enterprises avoided paying UAH 30 million in income tax.
Detectives seized documentation showing signs of forgery and related to the origin, transshipment and export of agricultural products.
The search continues today. In this regard, the officers, despite the need to comply with the court order, in every possible way hinder the searches, refuse to provide the requested information and documents, block the place and try to hide the material evidence .
The BEB recalled that earlier the High Court of England, in order to avoid the waste of property by foreign investors, through its decision announced the global seizure of properties related to the actual who owns the holding. However, to avoid confiscation, they created another company to re-register the grain terminal’s production facilities and equipment and continue their illegal activities.
The investigation did not name the people involved in the case. According to Forbes Ukraine sources, we are talking about the Odessa Olimpex Coupe terminal and companies from the orbit of the sanctioned businessman Vadim Alperin.
Let’s recall that law enforcement authorities have exposed a large-scale tax evasion scheme involving certification services for vehicles imported from abroad.
As reported, in Ukraine at the beginning of 2024, there are 500 billion UAH of undeclared taxes in the shadows. Currently, there are industries in the country that can operate 60-70% in the shadows.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.