Large-scale NRA audit reveals tax evasion scheme through "shell" companies
The National Revenue Agency (NRA) has launched a large-scale audit of commercial sites across the country. The goal of the operation is to identify business owners who use so-called "shell" companies to avoid paying taxes owed to the state.
According to experts from the revenue agency, these entities are often registered in the names of straw men who have no real knowledge of the company's activities. The main purpose of such schemes is to conceal the actual turnover of commercial sites and to avoid the accrual of VAT.
During the inspections, inspectors analyze accounting documentation and track cash flows to and from suspicious companies. In many cases, it is found that the firms do not carry out any real commercial activity and exist only on paper to facilitate illegal financial operations.
The NRA emphasizes that the fight against the shadow economy remains a top priority for the institution. Such actions aim to ensure fair competition among merchants and guarantee that all companies comply with Bulgarian legislation.
The investigation into the case is ongoing, and sanctions are expected to be imposed on all individuals involved in the tax fraud. The revenue agency urges citizens to request receipts for every purchase, as this is the most reliable way to combat revenue concealment.