Tax Service Head Addresses Business Concerns, Promises Improved VAT Refunds

• The State Tax Service of Ukraine (STS) has reimbursed 28.7 billion hryvnias of VAT since the beginning of the year.
• Business representatives complained to the Head of the STS about unfair refusals to reimburse VAT and delays in previous years.
• The STS is working to improve the VAT reimbursement process and has seen positive results in recent months.
• The STS is working to improve the System for Monitoring Criteria for Risk Assessment (SMKOR) and the execution of court decisions.
• The STS is working to reduce the number of blocked tax invoices and simplify the process for businesses to exit the risk category.
• The STS has updated the list of grounds for classifying a taxpayer as risky.
• The STS is committed to ensuring that honest businesses can operate without obstacles.

Source: news.dtkt.ua

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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