Detectives of the Economic Security Bureau of Ukraine have served a notice of suspicion to the beneficial owners of agricultural companies of intentional tax evasion on a particularly large scale.

The investigation established that the agricultural companies of the two brothers entered false information in their tax returns during 2017-2021.

In addition the controlled companies systematically paid dividends to the founder of a non-resident company. In this way they illegally used the benefits of the Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to income taxes.

This resulted in non-payment of taxes to the state budget in the amount of over UAH 61 million.

The suspects have been served a notice of suspicion. The pre-trial investigation under Part 3 Art. 212, Part 2 Art. 205-1, Part 2 Art. 28 Part 1 Art. 366 of the Criminal Code of Ukraine is conducted by detectives of the Economic Security Bureau of Ukraine.

Procedural supervision is provided by prosecutors of the Prosecutor General's Office.