The State Tax Service of Kyrgyzstan emphasizes that the issuance of electronic invoices is only possible in the presence of a real business transaction and the physical movement of goods, works, or services.
Some unscrupulous taxpayers distort accounting data by issuing fictitious electronic invoices to create illusory expenses and illegally reduce tax liabilities.
These actions are violations of tax legislation and may entail liability as defined by law.
The tax service is actively identifying such violations using risk-oriented analysis and modern information technologies. Attempts to use electronic invoices in schemes of fictitious documentation will be exposed and suppressed.
The GNS strongly urges entrepreneurs to refrain from illegal actions and conduct honest business activities, as the sanctions provided by law will be inevitable. Such schemes can lead to serious financial losses for businesses.
Work to identify and suppress such violations will continue, and all facts will be subject to legal assessment.
