Overstated prime cost - understated taxes: a developer in the Odesa region returned 5.2 million UAH to the state

 An Odesa construction company specializing in the construction of new buildings reimbursed over 5 million UAH of corporate income tax to the state budget.

Detectives of the Territorial Office of the ESBU in the Odesa region established that during 2023–2024, officials of the company overstated the prime cost of realized goods, works, and services. As a result of such actions, the enterprise failed to calculate and pay 5.2 million UAH of corporate income tax to the state budget.

In the course of authorized searches, detectives seized funds, bank cards, seals, computer and mobile equipment, accounting and tax documentation, and rough records.

During the pretrial investigation, the enterprise paid 5.2 million UAH of the main tax and financial penalties to the budget.

Taking into account the full reimbursement of damages, a motion to release the company's director from criminal liability on the basis of Part 4 of Article 212 of the Criminal Code of Ukraine and to close the criminal proceedings was sent to court. The final decision will be made by the court.

Procedural guidance — prosecutors of the Odesa Regional Prosecutor's Office.