OREANDA-NEWS. December 12, 2011. For the nine periods the number of taxpayers who were entitled to VAT-automatic has increased more than 9 times. The chairman of STS of Ukraine Oleksandr Klymenko said this during board meetings.

"The mechanism of automatic compensation works more efficiently in accordance with clearly defined criteria, without the influence of subjective factors without undue bureaucracy. Especially nice that most taxpayers are making efforts to meet those criteria" - Oleksandr Klymenko said.

According to him, for the period when the Tax Code operates automatically it has been refunded almost 14 billion UAH to 297 enterprises. Among them are representatives of all regions of Ukraine.

For 11 months of this year, 41.9 billion UAH of VAT declared for compensation to the accounts of taxpayers.

39.4 billion UAH refunded to the accounts of taxpayers. It is almost in 2 times more than during corresponding period of last year.