Tax audits of individuals
Law of Ukraine № 3219-IX as of 30.06.2023"On amendments the Tax Code of Ukraine and other laws of Ukraine regarding taxation peculiarities during the martial law" entered into force on 01.08.2023.
Provisions of Sub-paragraph 69.21 of Paragraph 69 Sub-section 10 Section XX "Transitional provisions" of the Code stipulate that documentary audits that were started and not completed by 24.02.2022 are renewed, except for audits for which moratorium has been established.
During a scheduled documentary audit of individual – taxpayer who was involved in sale of excisable products and declared significant amount of income for the audited period, namely 1.3 billion UAH, specialists of the Tax audit division of the individuals’ taxation of Main Directorate of the State Tax Service in Cherkasy region discovered violations of tax legislation. In particular, from the value added tax in part of not compiling and registering tax invoices for the amount of 96.7 million UAH and personal income tax in part of the overestimation of cost of expenses related to obtaining income in the amount of 10.9 million UAH.
124.4 million UAH of taxes and levies were additionally accrued according to the audit results.
