Significant changes have been introduced to tax and business legislation following the adoption of the law "On Amendments and Additions to Certain Legislative Acts in the Field of Taxation and Doing Business."
Specifically, amendments to Article 179 of the Criminal Code now address "pseudo-entrepreneurship." This involves the establishment of a business entity without the intent of conducting actual business activity, but rather to secure loans, evade taxes (or reduce tax burdens), or obtain other illicit financial benefits. Such actions are now punishable by fines ranging from 100 to 200 times the Base Reference Value (BRV), up to three years of correctional labor, or a house arrest or imprisonment for one to three years, along with the potential deprivation of certain rights.
Furthermore, the provisions of Article 184 regarding tax evasion have been clarified. The measures for fines, mandatory payments, and imprisonment have been redefined. Notably, the procedure for exemption from liability remains in place for first-time offenders who fully compensate for the damages incurred. Additionally, the participation of a public defender is now ensured in these criminal cases.
These amendments will take effect three months after the date of official publication.
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