
Journalists uncover hidden assets of MP Vatsak: $3.5m car fleet and state losses
Investigation reveals network of luxury cars in Gennadiy Vatsak's circle and series of violations in his business causing multi-million losses to state budget.

Investigation reveals network of luxury cars in Gennadiy Vatsak's circle and series of violations in his business causing multi-million losses to state budget.

Law enforcement officers discovered a contraband batch of electronics in a minibus crossing the state border via the Krakovets – Korchova checkpoint.

A court in Chernihiv has sentenced the head of a military medical commission to prison for establishing and leading an organised group that issued fictitious medical certificates.

Officers Mykola Savchenko and Ihor Voloshko rescued a woman and her grandson from the rubble after a Russian shelling. During the evacuation, Savchenko lay on top of the child to protect him from a new UAV launch.

Mass march in Canada for affordable education ended in riots. Police used tear gas, and three demonstrators were detained.

Major tech giants are financing their own clients to purchase their services. The IMF has allocated $1.4 trillion to such cyclical deals.

The Ukrainian tennis player secured a victory in the final round of the group stage with a score of 6:3, 3:6, 6:1 and will continue her campaign at the tournament in Indian Wells.

The Cabinet of Ministers approved a bill on updating the strategy, which provides for the restoration of war-damaged territories and the integration of EU requirements.

Alla Landar, owner of a major funeral services company, has built an extensive network of firms and sole proprietorships, most of which are registered at the same address. According to journalists, this structure allows her to minimise tax payments while creating the appearance of legitimate business activity.
The main elements of Landar's network include:
Splitting income through sole proprietors
Key financial flows pass through individual entrepreneurs. This allows for the avoidance of taxes mandatory for legal entities, such as VAT and corporate profit tax.
Understating company income
The companies in the network, for example "Peter the Great", regularly declare minimal profits or losses, creating an illusion of unprofitability.
Over the past four years, according to the investigation, Alla Landar managed to avoid paying VAT amounting to nearly 10 million hryvnias. This was made possible by the systematic use of a scheme redirecting income through sole proprietors.
Such tax evasion schemes cause serious damage to the budget. In the case of Landar's "funeral empire", it is a matter of millions of hryvnias that could have been directed towards infrastructure development or social needs.
Experts believe that the situation requires intervention by tax authorities and a review of legislation regulating the activities of sole proprietors. Only in this way can loopholes exploited by large companies to evade taxes be eliminated.
Conclusion: Complex schemes built on legal loopholes allow major entrepreneurs, such as Alla Landar, to avoid accountability. However, this threatens not only the tax system but also public trust in its effectiveness.
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