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State treasury received more than 2.5 billion UAH of the VAT in 2019 from Mykolayiv region

, published 30 January 2020 at 13:19

Main Directorate of the STS in Mykolaiv region effectively works towards the un-shadowing of economy. Result of working out risky operations of business entities is an increase of the VAT declaring. As follows, the state budget received more than 2.5 billion UAH of the VAT upon the produced in Ukraine goods – this is 511.6 million UAH or 26% more than in 2018.

Significant increase in the value added tax revenues is the best endorsement of European transparency standards in the administration of the value added tax as an effective mechanism for controlling the VAT, improving the functioning of electronic services for the VAT taxpayers, as well as the timely termination of criminal tax minimization and conversion schemes.

Main Directorate of the STS in Mykolaiv region wants to be as open as possible to business representatives, public and hopes to clarify the importance of paying taxes by business representatives and entities. Such cooperation will contribute to the socio-economic development of Mykolaiv region and the state as a whole, as well as the welfare of its citizens.