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Velta pays UAH 26 mln in taxes, state's VAT debt reaches UAH 66 mln, while BES suspects underpayment of UAH 28 mln – CEO

KYIV. Aug 19 (Interfax-Ukraine) – CEO and co-owner of the Velta company with assets for the extraction of titanium-bearing ores in Novomyrhorod (Kirovohrad region) Andriy Brodsky has declared that he has paid taxes in total for UAH 26.5 million and that the tax authorities owe the company value added tax (VAT) for exported products, while the Bureau of Economic Security (BES) of Ukraine is investigating a case of underpayment of UAH 28 million.

"The last tax payments of our group and the Velta company – UAH 5 million in salary tax, UAH 19 million in subsoil royalty. We have already paid this to the state. This month, to support the country, we will pay another UAH 2.5 million in income tax "not out of debt, but voluntarily, so to speak, to the heart. The total amount will be UAH 26.5 million. And the BES continue actively looking for the underpaid UAH 28 million. Both funny and sad," Brodsky wrote on his Facebook page on Friday.

At the same time, he pointed to the company’s non-reimbursement of VAT for products exported.

"UAH 15.7 million of VAT for January was confirmed by a tax audit and should have been received within five days, that is, on August 5. I add a screenshot for hypercritical persons. I emphasize once again: nothing was returned to Velta! If we talk about the total amount of VAT, which we have every right to present for payment – UAH 40-50 million since the beginning of the year. Can you imagine UAH 28 million of mythical non-payment and UAH 65.7 million hanging on the real funds of our company?"the CEO said.

Brodsky added that because of the media reaction to the situation at Velta, he, as a leader, "was not handed a suspicion and was not detained, and searches did not begin." "But… we are again on alert and waiting for the same actions," the CEO said.

As reported, the management of Velta announced pressure on business from BES.