aA
Shareholders of VP Group, which owns Lithuania's biggest grocery store chain 'Maxima', have become targets of national tax authorities who suspected large-scale tax evasion.
Tax authorities come down on owners of 'Maxima' grocery chain
© DELFI (R. Achmedovo nuotr.)

Artūras Klerauskas, deputy chief of the State Tax Inspectorate (VMI), tells DELFI that the authorities have been investigating all shareholders of UAB 'Vilniaus Prekyba' since 2012.

The investigation found that the shareholders owe the state almost EUR 2m in taxes, arrears and fines for the period since 2012.

"During the investigation, we analysed tax evasion schemes and calculated taxes due in line with the primacy of content over form," the VMI spokesman says.

According to Klerauskas, the owners of 'Maxima' chain avoided taxes by exploiting the provision which allows deducing loan interests and proceeds from sale of securities from taxable income.

The Tax Inspectorate is also keeping an eye on UAB 'Maxima Grupė'.

Over the first six months of this year, UAB 'Maxima LT' paid EUR 56.28m in taxes, making it the fourth-biggest tax payer in the country.

Last year, UAB 'Maxima LT' paid EUR 111m in taxes.

DELFI EN
It is forbidden to copy the text of this publication without a written permission from DELFI.
|Populiariausi straipsniai ir video

Pandemic emptied cinemas: will they survive?

In an attempt to evaluate the long-term effects of Covid-19 on cinema operators, the law firm...

One more flight to be resumed from Vilnius

Latvian airline airBaltic is resuming its Vilnius- Tallinn flights on Monday after the Lithuanian...

Lithuania lifts restrictions on anti-coronavirus product sales

The Lithuanian Health Minister on Thursday lifted restrictions on medical face masks , respirators,...

AirBaltic launches new route from Vilnius to Oslo

After receiving all of the necessary permissions, airBaltic announces that it plans to launch direct...

Employers to commit not to cut wages if income tax is lowered

Lithuanian employers ' organizations say they will commit not to reduce wages during the crisis...

Top news

Veryga: extending lockdown will be proposed once again

Lithuania’s Health Minister Aurelijus Veryga will propose extending the lockdown once again.

One more flight to be resumed from Vilnius

Latvian airline airBaltic is resuming its Vilnius- Tallinn flights on Monday after the Lithuanian...

12 new coronavirus cases in Lithuania

On Sunday, 12 new COVID-19 cases were detected on Lithuania. Since the outbreak of the pandemic, 1635...

Pandemic emptied cinemas: will they survive?

In an attempt to evaluate the long-term effects of Covid-19 on cinema operators, the law firm...

Head of opera theater estimates quarantine losses

Lithuania's National Opera and Ballet Theater has probably lost one million euros because of the...

|Maža didelių žinių kaina