“Some taxpayers intentionally distort tax accounting data by creating fictitious electronic invoices to generate imaginary expenses and illegally reduce tax liabilities,” the statement says.
Such behavior contradicts the tax legislation of the Kyrgyz Republic and may result in liability measures according to the law.It is important to note that the issuance of electronic invoices is allowed only in the presence of real business transactions and confirmed actual movement of goods, works, and services.
The State Tax Service emphasizes that all attempts to use electronic invoices in schemes of fictitious document flow will be detected and suppressed. Taxpayers are called upon to cease such actions and engage in honest entrepreneurial activities, as the sanctions provided are strict and unavoidable.
Such schemes will ultimately be uncovered and lead to significant financial losses.The State Tax Service intends to continue and strengthen its efforts to detect and prevent such violations.
