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Newly appointed Chairman of the STS Oleksiy Lyubchenko outlined his main tasks in the post

, published 30 April 2020 at 16:18

Minister of Finance of Ukraine Serhii Marchenko introduced the newly appointed Chairman of the STS Oleksiy Lyubchenko to the team of the Tax Service. Today, during a conference call with heads of the structural units and territorial bodies of the STS were identified the key tasks of the Tax service for the coming months.

Serhii Marchenko stated that at present the Tax service needs a new philosophy that jointly with the Treasury will help to work as concerted mechanisms to achieve one goal.

According to him, current economical situation is quite tense but manageable and at the moment there is a need for professional executives who can adjust the work and show the result, because there is no time to wait. Tax administration must be put in place and order as soon as possible, all malpractices and schemes must be eliminated but at the same time business pressure and unpopular steps should be avoided.

In turn, Chairman of the STS Oleksiy Lyubchenko assured of fast and quality actions that will prove the inevitability of the announced course on tax reforms which has also been supported by international partners.

“Tax reform is a long and multi-vector process and it is important for the STS team to find a place in it. There are some of the world trends that we need to consider firsthand: we need to shift administrative efforts from wealth control to revenue control, focus on environmental taxes and implementation of the BEPS plan. We need to minimize tax breaks, first and foremost, in property taxes. What the country will receive is a clear implementation of the state budget” – emphasized Oleksiy Lyubchenko.

He outlined that he would consider as a result an increase in the distance between the taxpayer and the tax inspector and even more filling the administration with modern electronic services. The result is planned to be achieved solely on the basis of the political will of the President of Ukraine and in strict compliance with the principles of tax legislation defined by the Tax Code of Ukraine.

“Let me remind some simple things: to ensure equality and fairness in administration to financial-industrial groups where we will focus our efforts on those entities that successfully parasitize on the state owned property and state owned monopolies. Second is to accomplish the direct task of the service – to calculate and minimize budget losses due to the tax gap both by the revenue sources and industry” – stated Oleksiy Lyubchenko.

He informed that limited control measures by the Tax service will focus on the most risky areas of taxation to prevent the use of limitation periods for tax evasion.

Dual control of the VAT administration risks and support for private initiative and small business will also be renewed.

“In a short time we will reform the Tax service, we will create a team that is determined to prove that it is possible to carry out effective reforms and radically change the image of the tax body” – assured Oleksiy Lyubchenko.