Bureau of Economic Security reported on the measures against “black” exports from Ukrainian ports

Since the beginning of the year, Bureau of Economic Security has provided compensation for UAH 1.3 billion in losses to the state budget.

These are cases related to the export of agricultural products, the Bureau of Economic Security reported.

The agency noted that one of the most common methods of “black” export is the use of risky enterprises, which are created in advance to export unaccounted grain purchased for cash.

“That is, farmers grow grain and sell it for cash to companies that are usually registered as front persons and do not engage in permanent economic activity.

These companies do not submit documents on the origin of the grain or declare fake producers in customs declarations. After the grain leaves the borders of Ukraine, it is resold several times and it already legally reaches the final buyer,” the report says.

The Bureau of Economic Security emphasized that as a result, foreign exchange earnings do not return to Ukraine, and the budget does not receive revenues, since the exporting enterprises are fictitious.

The final buyer of grain is often a non-resident company, which transfers funds for the goods to another non-resident related to the Ukrainian exporter.

“Thus, violators evade income tax and act as accomplices in evading value added tax when selling agricultural products by enterprises of the real economy to exporters,” the Bureau of Economic Security noted.

Recall that in October, the Bureau of Economic Security exposed a director who wanted to create a proxy company for exports from the ports of the Odesa region.