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Tax Service and Cherkasy Businesses Discuss Splitting, VAT, and Risky Operations in Open Dialogue

  • The DPS team and over 80 business representatives from Cherkasy discussed business splitting, VAT, and risky operations.
  • Key topics included artificial business splitting to minimize taxes, VAT for sole proprietors, and the complexity of tax administration.
  • The DPS has significantly reduced the number of blocked tax invoices and risky enterprises, and is working on further digital tools for risk minimization.
  • Some issues can be resolved by the DPS, while others require legislative changes; ongoing dialogue between tax authorities and business is emphasized as crucial.

Source: od.tax.gov.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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