- Common errors in VAT budget reimbursement include non-business expenses in tax credit and lack of primary documentation despite registered tax invoices.
- From January to May 2025, 35 unplanned audits were conducted, with a claimed reimbursement amount of 88.4 million UAH.
- Verified reimbursement amount was 79.5 million UAH, with 8.8 million UAH prevented, representing 11.1 percent of the claimed amount.
- Frequent violations include non-business expenses in tax credit, lack of primary documents, incorrect filling of tax declaration appendices, incorrect VAT rates, incorrect product/service nomenclature and codes, and activities aimed at providing tax benefits to third parties.
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.
Latest Posts in "Ukraine"
- VAT Registration for New Single Tax Payers: Is Simultaneous Registration Possible?
- EU Council Approves Customs Duty Cuts on Ukrainian Agri-Food Products
- VAT Exemption for Defense Goods Supply by Subcontractors to State Contract Executors
- VAT Tax Credit Treatment for Expired Creditor Debt Write-offs from Resident Suppliers
- VAT Taxpayer Re-registration Form Requirements and Reason Field Completion Rules
