Latest news and stories about tax fraud in Portugal for expats and residents.
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The Public Prosecutor's Office has charged 35 defendants, including a company from Vale de Cambra and its main administrators, in a tax fraud case that allegedly caused 1.6 million euros in losses to the State and the European Union. A statement released on the Porto Regional Attorney General's Office website notes that, by an order dated...
They issued invoices for non-existent or overvalued services to obtain financial incentives. Travel, luxury goods, and renovations on private homes were presented as business expenses.
The Public Prosecutor's Office has charged 35 defendants, including a company from Vale de Cambra and its main administrators, in a tax fraud case that allegedly defrauded the State and the European Union of 1.6 million euros. The scheme involved the use of fake invoices to obtain financial incentives and VAT refunds, as well as the misuse of company funds for personal expenses, including luxury goods, travel, and private household staff.
Among the defendants is a company based in Vale de Cambra, in the Aveiro district, along with its main administrators and several partner companies.
The accused is suspected of criminal association, document forgery, fraud, money laundering and tax fraud.
A Portuguese manager of a branch of a French group is suspected of tax fraud, mismanagement and breach of trust. He is alleged to have diverted more than €2 million and acquired 17 luxury cars.
Appellate judges upheld the hearing judge's decision not to send José Sócrates's former employer at Octapharma to trial on tax fraud charges, stalling the Public Prosecutor's appeal.
