Letters from the State Tax Service: 3 thousand people received transfers for 162 million UAH without registering as individuals-entrepreneurs

More than 162.7 million UAH through 97.5 thousand money transfers were received by more than 3 thousand people in three weeks of March. Only 212 of them are registered as individuals-entrepreneurs. These are analysis results of information from the Data accounting system of registrars of settlement operations.

As a part of this data processing, territorial bodies of the State Tax Service have so far sent about 3 thousand requests to the taxpayers to clarify origin of the funds. The main purpose of these invitations is explanatory.

We officially declare that tax officials did not summon individuals who made only 2 transfers of 100 UAH, as is being reported online.

For example, one of the invitations posted publicly concerns individual who received 17 payments totaling more than 40 thousand UAH in 20 days.

Among those who received letters, the biggest amount of money transfers transferred to one individual was 413 thousand UAH for 40 money transfers. The smallest number of transactions carried out in favor of one individual was 5.

In total, the following were transferred:

less than 1 thousand UAH – only to 6 people;

from 1 to 10 thousand UAH – to 702 people;

from 10 to 50 thousand UAH – to 1 515 people;

from 50 to 100 thousand UAH – to 640 people;

over 100 thousand UAH – to 475 people.

State Tax Service reminds that economic activity is carried out only under condition of state registration and taxation of received income. Administrative protocols will be drawn up for legislative violation against persons who carried out essentially hidden systematic entrepreneurial activity.

Currently, information from the RRO Data accounting system for April is also being processed, so such outreach work will be ongoing.