Turkish Citizen Arrested In Romania For Evading Over Half A Million Euros In Taxes

A court in the town of Buftea, near Romania’s capital Bucharest, issued a one-month arrest warrant for a Turkish citizen, owner of a local business, who defrauded the state of over half a million euros in taxes.

13 views

Aladag Y., 39, is accused of not keeping books on his business' and thus defrauding the Romanian state of over EUR560,000 in VAT and profit taxes.

Romania's Government has recently issued new legislation to fight tax evasion and tax authorities have intensified check-ups, as the country is struggling to boost its budget revenue amid a deep recession.

If you liked this story, please follow MEDIAFAX.RO on FACEBOOK »

The content of mediafax.ro is for your information only. Republishing or using this content is forbidden without express consent of MEDIAFAX. For this consent, please ask for it by mail at vanzari@mediafax.ro.