200 Percent Tax Penalty: NAV on the Trail of Phantom Solar Panels in Borsod
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Tax inspectors in Borsod-Abaúj-Zemplén County have dismantled a fictitious invoicing chain operating in the solar panel trade; the company concerned can expect a fine of 30 million forints, the National Tax and Customs Office announced on Monday.
The National Tax Authority (NAV) dismantled a fictitious billing chain operating in the solar panel trade in Borsod: thousands of solar panels changed hands on paper, while their existence could not be proven.
A company in Borsod tricked with phantom solar panels, a 30 million-euro fine could be imposed - On paper, thousands of solar panels changed hands, while their existence could not be proven.
The National Tax and Customs Administration (NAV) has uncovered a fictitious invoicing chain worth tens of millions of forints in Borsod-Abaúj-Zemplén County. A solar panel trading company moved goods through several companies on paper, but there was no real economic activity behind the invoices. The tax fraud case resulted in a severe penalty: the NAV imposed a fine of 30 million forints.
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