Risk of Tax issues in Eastern Europe: Valid or just Fear mongering?

[HeinzKetchup69]

Let's say you moved to Hungary, or Romania or similar country, with an American passport.

You set up your life there to live full time, you pay income taxes, and manage your offshore company from there (online services).

Let's say one day the local tax office says you have to pay more tax and you start audit and legal processes through your lawyers to prove otherwise.

What could happen in these scenarion, do they really hand out prison sentences like candies for Tax mismatching situations in these East European countries? I heard in Bulgaria and Russia they just arrest you at the minimum indication of Tax evasion (?).

Or can you just get away with it with a few fines / bribes?


Asking for a friend of course. and I'm not asking to evade taxes, I'm asking what could happen if the Tax office thinks you are wrong, even tho you think you are right, as it happens all the goddamn times.

 

[Martin Everson]

Asking for a friend of course

Is your friend Andrew Tate by any chance?

Lawyer calls social media influencer Andrew Tate and his brother serial tax evaders

English police accuse social media influencer Andrew Tate and his brother of being serial tax evaders in a civil court case in London.

apnews.com

 

[AtlasShrugged]

Eastern European countries in the EU aren't as corrupt as you think they are. If you're a small-timer, or do not know anyone, you're most likely going to end up in jail if you even attempt to bribe someone.
This happened to a Romanian singer Lidia Buble CântÄreaÅ£a Lidia Buble a fost condamnatÄ definitiv la un an cu suspendare pentru cÄ a mituit doi poliÅ£iÅti
If someone like her can get sentence for bribing her way out of a breath test then you sure will get something harsher for trying to bribe your way through tax evasion.

And Romania is getting stricter for each year when it comes to taxes, so you're a bit late.

But a good thing about Romania, they have the highest cash transaction in all of Europe together with Albania. If you accept crypto for your business, you can just cash it out here and spend it on escorts and high end restaurants. But do not try to bribe someone, that's all fictional stuff.

Poland, Hungary, Slovakia and the baltics are less corrupt than Romania, so I would imagine the same things applies for these countries.

 

[HeinzKetchup69]

Eastern European countries in the EU aren't as corrupt as you think they are. If you're a small-timer, or do not know anyone, you're most likely going to end up in jail if you even attempt to bribe someone.
This happened to a Romanian singer Lidia Buble CântÄreaÅ£a Lidia Buble a fost condamnatÄ definitiv la un an cu suspendare pentru cÄ a mituit doi poliÅ£iÅti
If someone like her can get sentence for bribing her way out of a breath test then you sure will get something harsher for trying to bribe your way through tax evasion.

And Romania is getting stricter for each year when it comes to taxes, so you're a bit late.

But a good thing about Romania, they have the highest cash transaction in all of Europe together with Albania. If you accept crypto for your business, you can just cash it out here and spend it on escorts and high end restaurants. But do not try to bribe someone, that's all fictional stuff.

Poland, Hungary, Slovakia and the baltics are less corrupt than Romania, so I would imagine the same things applies for these countries.

Damn. Atrocious standards of living combined with high taxes and low corruption, these societies are becoming hell on earth for the average wealthy man.

 

[Revoltec]

It depends on the country and its laws. If it is big sum enough you can go to jail. In Russia, if it is your first sentence, you skip jail if you pay back the amount due.