KGC Identifies Retail Chain in Tax Evasion Case

News
Фото: КГК

The Financial Investigations Department of the State Control Committee (KGC) has identified a retail chain suspected of tax evasion. It comprised 20 retail outlets across the country selling light-industry goods. A resident of Barysau was identified as the actual owner of the business.

Investigators concluded that a significant portion of the goods was purchased abroad for cash and without accompanying documents. Revenue from their sale was concealed from taxation. A business-splitting scheme was also used to apply the simplified taxation system. The damage was estimated at BYN 2.5 million.

A criminal case has been opened against the business owner.

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