A construction firm hid tens of millions in income and caused over 13 million UAH in losses to the budget

 The former head of a construction company from Poltava has been notified of suspicion of intentional tax evasion on an especially large scale. According to the investigation, due to the concealment of part of the income, the state budget missed out on more than 13 million UAH.

Detectives of the Territorial Office of the ESBU in the Poltava region established that the company, which performed repair and construction work, did not reflect part of the received income in tax reporting for almost four years.

The company performed work for educational and medical institutions. During this time, almost 80 million UAH was received into its accounts, but these funds were not reflected in the tax accounting.

The former director intentionally did not issue tax invoices and did not register them in the Unified Register of Tax Invoices. This allowed for a significant reduction in the company's tax liabilities.

As a result of these actions, the budget missed out on more than 13 million UAH in taxes.

The former head of the company has been notified of suspicion under part 3 of article 212 of the Criminal Code of Ukraine—intentional tax evasion on an especially large scale.

The pretrial investigation is ongoing. Detectives of the ESBU are establishing all the circumstances of the offense and possible accomplices.

Procedural guidance is exercised by the Poltava Regional Prosecutor's Office. Operational support is provided by the Department of Strategic Investigations in the Poltava region of the DSI of the NPU.

According to article 62 of the Constitution of Ukraine, a person is presumed innocent of committing a crime and cannot be subjected to criminal punishment until their guilt is proven in accordance with the law and established by a court verdict of guilty.