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Amount of VAT Violations Doubled on Year

The revenue from value-added tax (VAT) to the Estonian state budget has significantly increased due to high inflation, however, the amount of violations has doubled simultaneously.

In the first seven months of this year, the Tax and Customs Board inspected and advised 5,000 companies. As a result, the originally declared VAT obligation of these companies was increased by 35.8 million euros. This is twice as much compared to the same period last year and six million euros more than during the entire last year.

Source: news.postimees.ee

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