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63 million euro fraud with VAT, including companies that win public contracts

63 million euro fraud with VAT, including companies that win public contracts

Fraud schemes with the value added tax have cost the state budget 63 million euros in 5 years.

According to data provided by Euronews, the most recent scheme was discovered at the end of last year, due to suspicions of fraud with the invoices of the Kurum company.

Taxes have frozen the VAT refund for this company, which claimed a 4 million euro refund, and have referred the case to the prosecutor's office.

Kurum is one of the main companies in the country that supplies iron to the construction industry, while it has also received a special regime being exempted from this tax as a supplier of the reconstruction activity.

Another scheme worth 9 million euros was discovered in 2020, while the peak was reached in 2018.

This year the value of the scheme is 34.6 million euros and dozens of companies, big and small, are involved, where the big ones are some of the main winners of public works.

In the list of 72 companies are also those of incinerators, construction firms winning public works and service companies that perform services with state institutions.

The schemes discovered by the tax authorities have been referred to the prosecutor's office and the court has sentenced some of the companies and administrators, while for other companies, the file has been divided into separate cases and the investigations have not been completed to date. Euronews Albania

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