Archive: 6/18/2012
Daily Israel Report
10:42
Reported

News Brief

  6/18/2012, Sivan 28, 5772

Fuel Dealers Arrested for Hiding Millions in VAT


Two fuel dealers and others were arrested, Monday morning, on suspicion of distributing false invoices in order to avoid paying millions of shekels in value-added excise taxes. They face charges under income tax and value-added tax ordinances, as well as money-laundering laws.

An open investigation of the scheme started after a complex undercover operation by VAT and customs investigators in Tel Aviv and the surrounding area.