Europe suspected Ukrainian business fraud in the hundreds of millions of euros


The President Of Ukraine Petro Porosencova: Reuters

Ukrainian Treasury annually receives less than 750 million euros due to tax fraud a major local business. It was reported by Der Spiegel.

A study on the initiative of the factions of the left and the Nordic green held a special European Parliament Committee. Totally it will be released on September 24. Report data are based not only on calculations of the authors, but also on the official statistics of the Ukrainian tax authorities.

The study says that only on the export of Ukrainian iron ore business underpaid taxes of 750 million euros. In addition, local entrepreneurs are also cheating with exports of steel and agricultural products.

The primary means of tax evasion for Ukrainian businessmen is the so-called transfer pricing when goods or services are fulfilled at a lower in comparison with market prices. This allows you to transfer the total profit in favor of companies located in countries with lower taxes.

“Groups of oligarchs in Ukraine also regularly receive blank cheques and a variety of other benefits. There is no doubt in the fact that Ukraine uses the weakened control of the European Union in its attitude,” — said the MEP from the left Helmut Scholz.

The European Union in 2014, supported by Ukraine of 11 billion euros including loans and assistance in connection with the crisis. The total economy in the country is estimated at 92 billion euros per year.

Video, photo All from Russia.


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