“Blind Spots” in Agricultural Procurement: Andrii Timonov on Tax Risks

The agricultural business operates under conditions of heightened risk — ranging from logistical and supply chain control to increased scrutiny from law enforcement and tax authorities. The economic and legal security of an agricultural company depends directly on the effectiveness of its internal compliance system.

Andrii Timonov, Head of Tax Practice at Riyako & Partners, addressed a two-day training session for agricultural businesses and security services organised by SB Club, where he discussed:

• Where money and control are lost within agricultural supply chains;
• Typical grounds for scrutiny from law enforcement and tax authorities;
• How to minimise these risks at the internal compliance stage;
• Actions businesses should take prior to the commencement of audits or investigative proceedings.

The solicitor paid particular attention to the interaction between legal teams, security services, and the management of agricultural firms: “A modern approach to protecting agricultural business must be proactive: risks need to be identified and mitigated before they transition into the realm of criminal law.”

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