The new head of VMI promises attention to the shadow economy: will select the most sensitive sectors, will inspect accounting companies

The new head of VMI promises attention to the shadow economy: will select the most sensitive sectors, will inspect accounting companies

“The first direction is to reduce the shadow economy. The main task of the State Tax Inspectorate is (…) to collect taxes for the budget. Several priorities – to refine control in high-risk sectors. There is a specific action plan to identify 3–5 highest risk sectors each year: we see that in certain sectors, for example, trade, construction, tourism, manufacturing, there is a greater shadow economy. However, the situation is changing, so the goal is to review it annually,” M. Endrijaitis told journalists on Tuesday.

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