Construction Businessman on Trial Over Roughly 250,000 in Unpaid Taxes
A Latvian construction businessman is on trial after his company built up a debt to the state of about 250 thousand. Money came into the firm's accounts and tax returns were filed on time, yet the state budget received nothing.
A businessman from the construction sector is on trial in Latvia after his company accumulated a debt to the state of about 250 thousand. The case is reported by the news portal Apollo.lv.
According to the account given, money regularly arrived in the company's bank accounts. Tax returns were submitted on time to the State Revenue Service (VID), the authority that administers taxes in Latvia. In the end, though, the state budget received nothing from the company.
This gap between the firm's incoming funds, its filed returns and the taxes actually paid is at the heart of the case. The headline of the original article asks whether one can simply not pay taxes, and the court proceedings test exactly that question.
The available excerpt of the source does not name the company or the defendant, give the currency of the debt in precise terms, or state the date of the court hearing. For that reason these details are not included here.
