The BES accuses Cosmolot of tax evasion worth UAH 1.1 billion
23 April 2024 17:18
The Bureau of Economic Security of Ukraine is conducting an investigation into tax evasion by the well-known online casino Cosmolot. This was reported by the press service of the law enforcement agency, Komersant ukrainskyi 
reports.
According to the investigation, the company paid UAH 4.5 billion in winnings to players, of which it failed to pay personal income tax and military duty totalling UAH 1.1 billion. These payments were recorded not as winnings, but as refunds of funds, i.e. deposits, to individuals that were allegedly not used during the game.
The BES reports that the company’s officials are not willing to cooperate with the investigation at all. In particular, they have ignored the investigating judge’s ruling to provide temporary access to documents, refuse to provide information during interrogations, and hide primary business documents. The Bureau is continuing the investigation. As part of the investigation, the company’s bank accounts have been seized.
The BES did not name the company, but the Interfax-Ukraine news agency reported that it was Kosmolot.
Recently, Cosmolot co-owner Arnulf Damerau said that corrupt officials in Ukraine were demanding that he transfer half of his company to someone else’s offshore accounts.
