- The National Agency for the Prevention of Corruption (NAZK) has investigated corruption risks in blocking VAT and CIT and proposed improving the SMKOR system to prevent damage to the reputation of honest businesses.
- A round table discussion was held at NAZK on the topic of “Blocking tax invoices: corruption risks and ways to overcome them”, where research on the issue was presented.
- Participants discussed possible ways to overcome or minimize identified corruption risks, including improving the SMKOR system to prevent blocking of activities and damage to the reputation of honest businesses.
- It is important for the state to follow the recommendations for minimizing corruption risks in order to avoid losing honest taxpayers through relocation of economic activities abroad.
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 Tax Credit Treatment for Expired Creditor Debt Write-offs from Resident Suppliers
- VAT Taxpayer Re-registration Form Requirements and Reason Field Completion Rules
- VAT Budget Refund: Who Has the Right to Claim It
- When is it beneficial for entrepreneurs to become VAT payers?
- VAT Adjustment Calculation Date When Refund Precedes Goods Return to Seller
