3 oil companies cause a 23 million EUR damage through fraud

27/06/2015 00:00

An audit report of the Supreme State Audit has found that the companies
which export underground assets have avoided 23.7 million EUR in taxes,
by manipulating sale prices.

According to the report, three oil exporting companies have declared prices visibly lower than those in the stock market.

The SSA says that as result, these companies have paid less honorary tax that is calculated based on the value.

According to the SSA, the subjects have caused a 3.3 billion ALL damage to the state for the 2013-2014 period, or 23.7 million EUR.

After finding the report, the Head of the SSA asked the Customs to take measures for the damage, but the Customs Director asked for more time for verifications.

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