The National Tax Inspectorate in Holosiiv District of Kyiv city reminds that these amendments are set out in the law of Ukraine dd. 31.07.2014, under No.1621-VIІ, On Amendments to the Tax Code of Ukraine and some enactments that will come into force on January 1, 2015.

Pursuant to the new regulations, the taxpayers that meet the criteria given below have the right to automatically obtain reimbursement from the government coffer:

- not undergoing a bankruptcy procedure, according to the Law of Ukraine On Restoration of Creditworthiness and Adjudication of Bankruptcy;

- legal and natural persons – entrepreneurs registered in the uniform national registry, if there are no registry records stating:

а) absence of data confirmation;

b) absence at the place of residence;

c) decisions on partition, winding-up of the legal person, entrepreneurial activity of a natural person- entrepreneur;

d) full or partial recognition of incorporation documents or amendments to the incorporation documents of a legal person to be invalid;

e) termination of the legal person’s registration or entrepreneurial activity of a natural person – entrepreneur,  and absence of decisions or data about registration evidencing the termination of the legal person or entrepreneurial activity of a natural person – entrepreneur;

- possess non-current assets, the residual value of which on the accounting date  before reimbursement exceeds twelve times the tax to be paid, and:

а) make operations at a zero rate (specific weight of which within previous 12 subsequent accounting periods (months) jointly makes up not less than 40 % of total supplies (for taxpayers reporting quarterly – within previous four subsequent accounting periods) and/or

b) have invested in the non-current assets amounting to not less than 3 million hryvnias within the previous 12 calendar months;

- do not have a tax debt;

- large taxpayer that has not declared a negative value (income tax) based on the  results in the last accounting (fiscal) year.