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Suspected Czech Tax Evasion Gang Arrested

by Tatiana Smolenska, Tax-News.com, Prague

01 October 2008

Czech police have announced the arrest of a gang suspected of evading a minimum USD3m in Czech taxes.

The figure of USD3m is considered to be conservative estimate and could rise significantly. The detainees stand accused of importing goods from Asia, over a number of years, under the pretence of then exporting them on to other countries. The investigation and crackdown were carried out by specialist anti-corruption police.

Seven arrests were made in total.

The group faces a maximum combined total of 84 years imprisonment should they be successfully prosecuted.

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