Legislative updates
Now, only large- and medium-sized enterprises are obliged to file tax returns electronically, while the latest updates to the tax Code of Ukraine expand a circle of eligible taxpayers, the press-office of the Ministry of Revenue & Duties reports.
Law of Ukraine On Changes to the Tax Code and Some Enactments of Ukraine dd. 31.07.2014, No. 1621-VII, par. 49.4, article 49, adds an abstract in the following wording: “VAT returns are to be filed electronically to the regulatory authority by all taxpayers with meeting the requirements for the registration of a digital signature ensuring accountability of the person, in the manner and pursuant to the procedure set forth in the legislation”.
The said above changes will come into force on 01.01.2015. Not waiting for updates, the taxpayers in one of the metropolitan districts, Holosiiv district, have taken advantage of remote reporting. Almost 100 % of taxpayers send their VAT reports electronically.
