A large-scale scheme for tax fraud was revealed during an action by the Ministry of the Interior, the National Revenue Agency and the prosecutor’s office. The scheme concerns the trade in luxury cars and, according to initial information, is for millions of BGN.
At the end of last week, the office of a large trader was searched. There, tax, anti-mafia and prosecutors discovered data on the large-scale fraud scheme.
The actions of the investigation were carried out in six cities – Sofia, Varna, Plovdiv, Burgas, Kostinbrod and Troyan. 23 searches were conducted, and in the course of the activities, 7 addresses were established that were not initially known to the investigators.
“14 of the searched addresses are of accounting firms. A large volume of documentation, computer configurations, and a large number of electronic signatures were seized. Interrogations are underway in the case”, explained Deputy Chief Prosecutor Maria Pavlova.
Within the last year alone, it was established that the damage the group caused to the state budget exceeded BGN 6 million.
“The cars are registered outside the country. They are imported from abroad. 20% VAT is not imported. The company that deals with this is hollow – it has no office, no employees… The cars are not only cars, but also trucks. “Hundreds of expensive cars have been brought into the country,” the prosecutor’s office announced.
According to the investigators, it is a VAT avoidance scheme. An unregulated turnover of BGN 30 million was detected, on which VAT should have been charged, but this was not done. The scheme involves a series of shell companies deducting tax credit under the VAT Act without having any reason to do so.