In what term the Application for refusal of use of taxation peculiarities provided by Paragraph 9 Sub-section 8 Section XX "Transitional Provisions" of the TCU is submitted?

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

Sub-paragraph 9.9 of 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, provided by Paragraph 9 Sub-section 8 Section XX "Transitional Provisions" of the TCU, from the first day of a month following the month when such decision is made. Therefore, the Application for refusal must be submitted by the first day of a month following the month when the decision was made. For example, in case of decision-making on refusal of registration as the single tax payer of Group III at2% rate from 01.06.2022, the Application for refusal must be submitted to the supervisory authority not later than 31.05.2022.

Relevant 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