ADVERTISEMENT

Report: Bunge notified tax authority of VAT fraud cases over two years ago

Retail

American food company Bunge had informed the Hungarian Tax Authority (NAV) in detail about massive VAT fraud cases more than two years ago, hvg.hu revealed yesterday. 

The nearly 30-page document obtained by the online news portal includes many details of the alleged fraud cases, such as company names, invoices, delivery notes and entire operational schemes of VAT fraud.

The revelation comes only weeks after NAV, the Ministry of Foreign Affairs, and even Prime Minister Viktor Orbán, stated that allegations emerging after the U.S. banned six Hungarians from entering the U.S., were not based on proven facts. NAV declined to comment, while Bunge did not deny the existence of the report.

Number of Doctors per 10,000 Inhabitants Reaches 44 Figures

Number of Doctors per 10,000 Inhabitants Reaches 44

Karácsony Declared Winner in Budapest Mayoral Race After Rec... Elections

Karácsony Declared Winner in Budapest Mayoral Race After Rec...

Kecskeméti Konzerv Sold With Legal Support From Wolf Theiss Deals

Kecskeméti Konzerv Sold With Legal Support From Wolf Theiss

White Party at The Duchess Coming This Weekend Drinks

White Party at The Duchess Coming This Weekend

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.