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Financial Audit to Be Prolonged for Another Month in 6 Organizations of “Media Palitra”

August 29, 2011

Financial audit will be prolonged for another month in 6 organizations of “the Media Palitra”. The auditors introduced the orders on prolonged inspection several days ago saying they need more time to analyze documentation.

They also stated that they might no longer visit the Media Palitra office and mostly work in the Revenue Service office.

The auditing should have been completed on August 29, as it had already been prolonged before. The tax inspectors completed inspection of the documentation a month ago and stopped visiting the offices “Jep LLC” and “Polygraphic Materials LLC”. After long and intensive work they did not visit other organizations of the Media Palitra either.

On June 7 the representatives of the preventive department of the Revenue Service started inspection in 6 organizations of “Media Palitra” simultaneously. The administration of the Revenue Service said it was a scheduled inspection and the organization was randomly selected by a computer system of risk management.

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