In what term the Application for refusal of usage of taxation peculiarities, determined in Paragraph 9 Sub-section 8 Section XX “Transitional Provisions” of the TCU, is submitted?

Application form for usage of the simplified taxation system was approved by Order of the Ministry of Finance of Ukraine as of 16.07.2019 № 308.

Sub-paragraph 9.9 Paragraph 9 Sub-section 8 Section XX “Transitional Provisions” of the Tax Code of Ukraine as of 02.12.2010 № 2755-VI with changes and amendments stipulates that the taxpayer has a right to refuse to use taxation peculiarities, determined in Paragraph 9 Sub-section 8 Section XX “Transitional Provisions” of the TCU, from the first day of a month following the month in which such decision was made. As follows, the Application for refusal must be submitted by the first day of the month following the month in which such decision was made. So, for example, in case of decision-making on refusal of the single tax payer’s registration of Group III at 2% rate from 01.06.2022; the Application for refusal must be submitted to the supervisory authority not later than 31.05.2022.

Corresponding explanations are posted on the web portal of the State Tax Service at the link: https://tax.gov.ua/en/mass-media/news/579024.html.

More information is in the “Knowledge Base” of public information and reference resource