STS takes measures to minimize registration suspensions of tax invoices of the real business representatives
Press service of the State Tax Service of Ukraine , published 18 September 2020 at 14:59 Chapter: News
STS informs that the registration suspension of those invoices for which there is a real risk of non-fulfillment of tax obligations is increasing.
At the same time, the STS has taken and will take measures to minimize registration suspensions of tax invoices of the real business representatives and to consider appeals in such cases as soon as possible. To do this, the Tax Service uses all available tools.
For example, the State Tax Service of Ukraine has organized and held 5 meetings with the European Business Association since June 2020. In total, the STS has received 28 appeals from the EBA since the beginning of 2020, none of which left unanswered. Among them there were appeals concerning problems of individual companies (14 appeals) and appeals for the systematic solution of problems in the tax administration or turnover (11 appeals).
These actions of the STS were positively noted by the European Business Association leadership as those that provided an opportunity to address real issues of specific taxpayers.
In addition, please note that in order to support domestic business effectively in a pandemic, the State Tax Service of Ukraine has accelerated confirmation of the VAT refunds legitimacy which not only fully satisfied current applications but also eliminated the tax refund arrears that existed on 01.05.2020.
As of the 1st of September 2020, almost 93 billion UAH of the VAT has been reimbursed comparing to claimed 84 billion UAH. Amount of 3.4 billion UAH of the VAT has already been agreed for budgetary reimbursement since the beginning of September 2020. Application for the VAT refunding made by the business in August 2020 is 11.5 billion UAH. It is expected that this amount will be agreed at the level of not less than 11 billion UAH.
