New regulation from the Ministry of Treasury and Finance

The Ministry of Treasury and Finance is entering a new phase in the fight against tax evasion as of October 1. The Tax Inspection Board (VDK) is taking a firm stance against individuals who forge financial documents and will initiate proceedings against those who use forged documents on charges of tax evasion. The "I didn't know" defense will no longer be valid, and penalties related to the use of forged documents will become more severe.

NEW REGULATION FOR THOSE USING FORGED DOCUMENTS

With the regulation effective from October 1, tax evasion proceedings will begin against individuals who use forged documents. Until now, companies found to have used forged documents could avoid penalties by claiming they used the documents unknowingly. However, with the new regulation, such defenses will be considered invalid, and it will be accepted that companies "knowingly used" the forged documents.

As a result, taxpayers who use forged documents will be considered to have committed the crime of tax evasion, and a three-fold tax loss penalty will be applied. Furthermore, these individuals will face prison sentences ranging from 3 to 8 years.

END TO THE "I DIDN'T KNOW" DEFENSE

With the new regulation, the "I didn't know" defense will not be accepted for those who use forged documents. Companies and taxpayers will be considered to have knowingly used the forged documents and will face heavy sanctions accordingly. The Tax Inspection Board will initiate a much more rigorous inspection process to prevent the use of forged documents.

INVESTIGATION INTO MONEY LAUNDERING DIMENSIONS

Not only those who use forged documents but also those who issue them will be closely monitored. The Tax Inspection Board will examine whether the process of issuing forged documents is being carried out in an organized manner, and suspicious cases will be handled with a focus on money laundering. In this way, the aim is to prevent the use of forged documents and ensure that those responsible are punished.

News Source: 12punto