Headline: Czech Republic’s Elite Tax Evasion Unit, Cobra, Prevents CZK 16 Billion in Fraud in Decade

Subheading: Customs Administration Reports Over CZK 1 Billion in Tax Fraud Detection in 2020 Alone

The Czech Republic’s elite tax evasion unit, Cobra, has prevented a total of CZK 16 billion in tax losses since its inception ten years ago, as announced by Marek Šimandl, the head of the Customs Administration, at a press conference on Thursday. In 2020 alone, the unit detected tax fraud worth CZK 1 billion.

Effective Intervention Against Tax Crimes

The unit’s success can be attributed to the collaboration between various branches of the state administration, allowing for the combination of tax expertise with criminal procedures, resulting in more efficient interventions against tax crimes. Unlike other projects, Cobra does not require additional financial resources to create specialized teams or departments.

Interagency Cooperation and International Investigations

The Customs Administration chief highlighted the significance of Cobra and its achievements in combating tax fraud. The unit’s close collaboration with other law enforcement agencies, such as the police and the Financial Administration, has led to international investigations targeting tax evasion schemes.

Complex Tax Evasion Schemes

Tax evaders are constantly seeking new ways to evade their tax obligations. In a recent case, an international organized crime group attempted to evade CZK 50 million in VAT (Value Added Tax) on import transactions by using fictitious companies. However, thanks to the interagency cooperation enabled by Cobra, the offenders were eventually apprehended.

Ongoing Battle Against Tax Evasion

Despite these victories, the authorities understand that the battle against tax evasion continues. Marek Šimandl emphasized the need for resilience in counteracting tax fraud and ensuring that honest citizens are not left to bear the financial burden.

The Customs Administration is encouraging increased cooperation and information sharing between authorities and the public. Any tips regarding potential tax fraud or tax crime activities can be reported confidentially through various channels, including the administration’s website or a dedicated phone number. Whistleblowers who provide valuable information leading to the successful detection and closure of a tax crime investigation are eligible for a reward of up to 10 percent of the evaded tax amount under the current legislation.

Confidential Reporting Channels

Administration’s website
Dedicated phone number