Fiscal Service conducts searches in Naftogaz, alleges tax evasion

The State Fiscal Service of Ukraine conducted searches in Ukraine’s state-owned oil and gas company Naftogaz on June 11. The officials suspect the company of tax evasion.

The Fiscal Service says that Naftogaz hasn’t completed the procedure of custom registration of gas purchased from the Russian state-owned energy giant Gazprom. They say this cost the state budget Hr 2.7 billion ($99.8 million) in value added taxes.