Tax Service of Ukraine Activates Work on Automatic Mode of VAT Refund
OREANDA-NEWS. November 15, 2011. The President of Ukraine Viktor Yanukovych has instructed the Chairman of the State Tax Service Olexandr Klymenko to intensify work on an automatic mode of reimbursing of the VAT.
"The operative refund to the enterprises of real sector of economy is the key to economic development of the entire business environment. This all-important issue," Olexandr Klymenko noted after meeting with Viktor Yanukovych.
According to Head of the STS, the President stressed: that the tax office has a better work out these issues and better carry out explanatory work with taxpayers on the criteria that you get an automatic refund of VAT.
For you reference. For January-August, it is reimbursed 12.2 billion UAH of the VAT in an automatic mode. The number of taxpayers who received the right to automatic during this period was increased almost tenfold.
By results of processing of declarations for August, it have been filed in September, 236 taxpayers have entitled the right to automatic reimbursing of the VAT to the 2.2 billion UAH. This is more than half of the amounts of the tax declared to reimbursement for August.
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