Tax specialists prevented distribution of schematic VAT totaling 42.7 million UAH

Press service of the State Tax Service of Ukraine, published 23 December 2020 at 11:46 Chapter: News

Tax specialists of Kyiv city, during an unscheduled documentary audit of one business entity the main activity of which is sale of furniture, clarified the formation of schematic tax credit through the registration of unrealistic operations for the purchase of clothing, footwear, food, building materials, etc.

Due to the reduction of this taxpayer’s negative value in tax reporting for September 2020, the spread of schematic VAT totaling 42.7 million UAH was prevented.

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