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Meat Producer Pays Over UAH 15 Million in Tax Reassessments After Audit

  • A meat producer paid over UAH 15 million in tax assessments after a documentary tax audit.
  • The main issue was underreported VAT of more than UAH 8 million from selling products to sole proprietors at below-market prices.
  • Almost UAH 7 million was also underpaid due to improper expense recognition and VAT input credit on inventory write-offs, reducing both VAT and corporate income tax.
  • The company accepted the findings and paid the assessed taxes in full.
  • Audit materials were transferred to the Bureau of Economic Security for further pre-trial investigation.

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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