OREANDA-NEWS. September 05, 2011. The tax authorities will recognize the conclusions of audit companies. About it the Chairman STS of Ukraine has reported during General agreement signing about cooperation and collaboration between the Auditor Chamber of Ukraine and the State Tax Service of Ukraine. Besides, he has added that this agreement is the next step to experiment introduction "horizontal monitoring" for large taxpayers.

"From now on, the tax service will recognize conclusions of audit companies on the tax accounts audit, corresponding to determined criteria and standards of carrying out of tax audit", - Vitaliy Zakharchenko noted.

As he said it would allow minimizing intervention of tax service in activity of auditing firms which would inspect tax accounts.