Analysts of the Territorial Department Economic Security Bureau of Ukraine in Volyn region have prevented an unlawful refund of value added tax (VAT) from the state budget in the amount of about UAH 7 million.

In the course of information and analytical activities the employees of the ESBU exposed officials of one of the companies who filed unlawful applications for VAT refunds for non-commodity transactions.

The basis for the refund was the formation of a negative VAT value based on the results of non-commodity transactions for the purchase and sale of various inventory items.

Based on the identified prerequisites for harming the economic security of the state, analysts of the Territorial Department of the ESBU in Volyn region sent a letter of recommendation to the State Tax Service in Volyn region. The letter sets out the circumstances that indicate that the company is unable to carry out operations for the purchase of goods and materials which does not entitle it to budgetary reimbursement.

Employees of the State Tax Service conducted a desk audit of the company's activities and denied it a budgetary reimbursement which was documented in the relevant acts. Thus analysts of the Territorial Department of the ESBU in Volyn region prevented the embezzlement of public funds in the amount of about UAH 7 million.

Recently detectives of the ESBU in Volyn region exposed officials of one of the region's enterprises engaged in road construction and repair of tax evasion on a particularly large scale.

Based on the results of the measures taken by the detectives of the ESBU within the framework of criminal proceedings in May 2023, the company's officials submitted a corporate income tax return for 2021 to the State Tax Inspectorate in Volyn region in which they declared more than UAH 7.5 million to be paid.