The Verkhovna Rada of Ukraine adopted draft bill ¹ 4930 On Changes to the Tax Code of Ukraine, to serve as a basis, setting out peculiarities of income taxes imposed on enterprises and value-added tax in case compromise is applied», the press-office of the Ministry of Revenue & Duties reports.
Tax compromise it is acquittance of payers and its functionaries from the responsibility for the understatement of tax liabilities of corporate tax and VAT for all periods till 01.01.2014.
In the process of tax compromise it is the agreement of size of tax liabilities between payer and supervisory agency. Agreed sums of liabilities as a result of using the tax compromise will be in amount of 15%, and 85% considered to be cancelled, any penalties will not be used. |
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