Belarus opens tax evasion investigation into Lithuanian company

Belarusian institutions have opened a criminal investigation into a Lithuanian company that allegedly failed to pay state taxes. The officers seized the firm’s accounting records and assets, the country’s state news agency BelTa reported on Tuesday.

The Belarusian Financial Investigations Department of the State Control Committee has accused a Lithuanian company engaged in a trade of non-ferrous metal scraps of large-scale tax evasion.

The firm in question was allegedly registered in Lithuania but had headquarters in the Belarusian capital Minsk where it signed deals and performed debit transactions.

The Belarusian authorities did not name the firm.

According to the Belarusian investigators, the company generated a profit of 9,2 million Belarusian rubles (around 3 million euros) in 2019 and was subject to taxes amounting to 2,9 million Belarusian rubles (950,000 euros) that it did not pay.

The Financial Investigations Department “has opened a criminal case on charges of extremely large tax evasion,” according to BelTa. Belarusian officers have seized the company’s accounting records, computers, and data storage devices.

They have also arrested one suspects’ property, including two cars and five real estate objects.

When mass protests erupted in Belarus following the rigged August 9 presidential election, Lithuania was one of the first countries that denounced Belarusian regime’s violence against peaceful protesters, as well as  imposed sanction on its officials.

On Tuesday, Belarus responded with imposing sanctions on 100 officials from each of the three Baltic countries.


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