OREANDA-NEWS. March 01, 2012. Following the results of January the foreign companies from EU countries, working in Ukraine has compensation of VAT got twice as much than expected. This was informed by the Chairman of STS Oleksandr Klymenko.

He recalled that, claiming to refund 844 million UAH, companies with "a European residential permit" got on their accounts nearly 1.88 billion UAH.

"We have established an effective system of current payments by which ceased to accrue debts towards business. Moreover - we are actively reducing old debts. And I want to confirm once more that the state does not waive its obligations towards enterprises," said Oleksandr Klymenko.

The Head of Tax Office also emphasized that the European investors got more than half of reimbursement (1.14 bln.) in an automatic mode.