A tobacco company exposed for non-payment of taxes worth UAH 2.3 billion — former director served suspicion notice
Kyiv • UNN
The former director of a tobacco industry enterprise is suspected of intentional tax evasion on an especially large scale. Officials illegally manufactured and sold over 1,186 tons of tobacco raw materials without paying excise tax.
The former director of one of the tobacco industry enterprises has been notified of suspicion of intentional tax evasion on an especially large scale. This was reported by UNN with reference to the Prosecutor General of Ukraine Ruslan Kravchenko.
Details
As the investigation established, officials of the enterprise set up a scheme for the illegal production and sale of unaccounted tobacco products under the guise of legal production. This was done outside of tax and accounting records in order to avoid paying taxes to the state budget.
The key episode of the investigation in these proceedings is over 1,186 tons of tobacco raw materials, which were processed into cigarettes and sold without paying excise tax. It was this, according to the conclusions of the tax audit and forensic economic examination, that led to an understatement of excise tax by over UAH 2.3 billion
In order to conceal the illegal use of raw materials and create the appearance of force majeure circumstances, officials of the enterprise falsified the fact of its theft.
The suspect has been notified of suspicion under Part 3 of Article 212 of the Criminal Code of Ukraine. The sanction of the article provides for a fine of fifteen thousand to twenty-five thousand tax-free minimum incomes of citizens with deprivation of the right to hold certain positions or engage in certain activities for up to three years with confiscation of property.
Recall
Law enforcement officers uncovered a large-scale tax evasion scheme in a network of second-hand stores, through which the state budget could have lost over UAH 38 million in VAT.