The tax authority emphasizes the serious consequences of fictitious document circulation
The State Tax Service of the Kyrgyz Republic is identifying cases of issuing electronic invoices (E-invoices) that are not related to real economic transactions. These violations are detected through data analysis using a risk-oriented approach and modern information technologies.
The tax service reports that some taxpayers intentionally distort their tax reports by issuing fake E-invoices to create fictitious expenses and thereby illegally reduce their tax liabilities.
The tax service emphasizes that the issuance of electronic invoices is only permitted in the presence of a valid economic transaction and confirmed movement of goods, works, or services.
Such actions are a clear violation of tax legislation and entail the legal consequences provided for by law. The tax service warns that any attempts to use E-invoices in schemes of fictitious document circulation will be detected and prevented.
The tax service urges taxpayers to refrain from illegal actions and conduct honest business, reminding them that sanctions for such violations are inevitable and can lead to serious financial losses.
Photo www
