Federal Customs Service chief Andrei Belyaninov, on the photo, called VAT the most corrupt tax.
Photo: Grigoriy Sobchenko
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Tax Officers Named Most Popular Schemes of Tax Evasion
The fly-by-night firms are most popular for evading the VAT tax, RBC Daily reported with reference to the Q1 tax-evasion outlook of the Moscow division of Federal Tax Service.
The most common practice is using the fly-by-night firms with the chains of suppliers with one and the same address and one and the same director. They have no more than two or three persons in the staff and the settlement with counteragents is dated by a single date, the tax officers said.
The real practice is probably more sophisticated. According to Managing Partner at Tax Group Dmitry Putilin, the schemes mentioned by tax officers were popular in 2003 through 2005 and the companies have dropped them already.
The Value Added Tax (VAT) was introduced in Russia in 1992 and its current rate is 18 percent. Federal Customs Service chief Andrei Belyaninov called it the most corrupt tax in October of 2007.
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