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From the beginning, area businesses recover almost 59 million VAT, reported in the management of taxes and duties of legal entities Main Department of DFS in Chernivtsi region.

Given the remnants of last year, from the beginning, the business area were 58.8 million. UAH. VAT reimbursement on their bank accounts. This 7.7 mln. UAH. more than 7 months of 2015.

As to the balance of VAT refund arrears to the payer, in comparison with the beginning of 2016 it decreased by 56 percent.

in terms of total returns VAT payers in the region this year declared the refund in the amount of approximately 45.3 million. UAH. This figure is lower than the year to 6 million.

Head Natalia Smetaniuk emphasizes that today introduced tax legislation effective mechanism of VAT administration - introduced refund in the automatic mode for all VAT amounts confirmed in the system of electronic VAT administration.

abolished restrictions on automatic compensation (criteria), introduced a public register of applications for refund and publication of information on the status of the VAT refund in individual taxpayers, and also the obligation to refund VAT only in the order of receipt of applications. This prevents corruption risks and makes it possible to resist attempts to tax evasion.

Overall, the results of the implementation of modern tax initiatives aimed at preventing and combating shadow economy processes already given some results.

For example, this year's fiscal controllers Service 5.8 mln. decreased by 'vast importance of value-added tax, which, after budgetary compensation is included in the tax credit next tax period.

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22-08-2016, 15:12

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