Spectator on facebook

Spectator on facebook

Tax Cobra unit uncovered massive tax fraud

The Čičikov case is the second biggest VAT case in the history of independent Slovakia

Financial Directorate president František Imrecze (Source: TASR)

Some €8.3 million has been saved so far for state coffers in value-added tax (VAT) in the so-called Čičikov case, Financial Directorate president František Imrecze told journalists on April 29 when reporting on activities of the tax enforcement unit called Tax Cobra.

“In terms of the total registered damage, the Čičikov case is the second biggest VAT case in the history of independent Slovakia,” said Imrecze as cited by the TASR newswire.

The aggregate damage is €76 million and the case is a continuation of the so-called Kameň case that was revealed back in 2012.

In the Čičikov case an organised group coordinated its activities in Slovakia, the Czech Republic, Hungary and Serbia. They drew unjustifiably high VAT deductions and reduced their own tax duty.

“They carried out completely or partly fictitious operations and were issuing fictitious documents ... involving tiles and monuments,” said Imrecze, adding that the Financial Directorate started its activities in the case already in 2010 which lasted until 2013.

Within the activities coordinated by Tax Cobra, 133 tax audits were carried out and 182 auditors from four tax offices – Bratislava, Nitra, Trnava and Trenčín – were involved. The Slovak Tax Administration also carried out multilateral controls with the Czech Republic, which means that tax audits were carried out at the same time in the Czech Republic and Slovakia while they focused on taxation years 2010 and 2012.

The findings in the Čičikov case amounted to €23.7 million. Of this, €8.3 million has not been paid out, meaning that this sum has been saved for the state.

“Total findings in the Čičikov and Kameň cases reach €76 million,” said Imrecze.

Topic: Finances and Advisory


Top stories

LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Blog: 5 things you should do on your visit to the north of Slovakia Photo

Here is a list of tips by an experienced tour guide - including things you have probably not tried before.

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava