Audit department of Revenue Service suspended the tax audit of MediaPalitra, following the 19 September Order. According to the 9th point of 264th article of tax code, if launched tax audit cannot be continued due to the force major condition or other circumstances, tax body can decide to suspend the tax audit.
The suspension may be indefinite. According to the law, tax revenue has the right to resume audit any time.
The order received by media house Palitra on 20 September doesn’t explain the reason of suspension of the audit for three months.
Preventive department of Revenue Service entered six organizations of MediaPalitra on 7 June, 2011. Inventory of four organizations was performed, when several stores were closed. Results of the inventory were published on 28 July – there were minor errors in the checked organizations.
On 29 July, Audit department of Revenue Service started checking financial documentation of 6 organizations of MediaPalitra: “G.A.P.” Ltd, “Color” Publishing Ltd, “Poligraphic Materials” Ltd, “Elvaservice” Ltd, “Biblus” Ltd. According to the order the financial audit was to be over in a month on 29 July, but the deadline of the audit was prolonged twice. The expiration date of the extended financial audit was 29 September.
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