Tax authorities of Chernihiv region within the framework of working off the tasks of the Temporary Commission of Inquiry of the Verkhovna Rada of Ukraine exposed an economic entity that during 2019-2020 with sales of over 450 million UAH did not pay any hryvnia value added tax to the budget. This enterprise carries out the activity in the field of construction of roads of the state and local value both in the territory of the Chernihiv region, and other areas.
Employees of the Main Department of the State Tax Service in Chernihiv region found out that the company has formed a tax credit for VAT through the purchase of bitumen, sand, gravel of unknown origin from more than 30 suppliers. In fact, these supplier contractors, using so-called “VAT twists”, deliberately formed a tax benefit for this company to avoid VAT. Suppliers do not have employees, production resources, but they are involved in criminal proceedings.
As a result of such a deal and a scheme tax credit, the company evaded paying value added tax to the budget in the amount of more than 17 million hryvnias.
Source: gov.ua
