This law targets taxpayers with a high level of voluntary compliance with tax legislation, offering them several administrative advantages during martial law. The Chairman of the Verkhovna Rada Committee on Finance, Tax, and Customs Policy, Danylo Hetmantsev, announced this development on his Telegram channel.
Key Features of the Law
Introduction of a High Compliance Taxpayer List
- Eligibility Criteria: Legal entities and individual entrepreneurs, including residents of Diya.City, who meet specific requirements related to tax payment levels, payroll standards, and other criteria based on the taxation system, will be included in this list.
Benefits for High Compliance Taxpayers
- Moratorium on Documentary Checks: A halt on most types of documentary checks, with exceptions for certain cases.
- Shortened Inspection Periods: Reduced durations for cameral and documentary checks aimed at budget compensation.
- Expedited Tax Consultations: Faster processing times for individual tax consultations.
- Assigned Compliance Manager: Each taxpayer will be assigned a compliance manager for direct interaction, including the use of remote communication tools like video conferencing.
Objectives and Impact
The law aims to:
- Encourage Compliance: Reward businesses that demonstrate high levels of tax compliance, promoting a culture of voluntary adherence to tax regulations.
- Support Businesses: Provide administrative relief to compliant businesses during the challenging times of martial law.
- Streamline Administration: Improve the efficiency of tax administration by focusing resources on non-compliant taxpayers.
This initiative is part of Ukraine's broader effort to support the economy and ensure that businesses can operate smoothly despite the ongoing challenges posed by the martial law situation.
Conclusion
The adoption of this law marks a significant step towards recognizing and supporting businesses that maintain high standards of tax compliance. By offering various administrative benefits, the Ukrainian government aims to foster a more cooperative and efficient tax environment during martial law. This move is expected to enhance the stability and resilience of Ukraine's business landscape.
