The main issues:
• Annual confirmation of Ultimate Beneficial Owner data starting in 2022
• Tax reform published (based on project 5600)
• “Diia City” is a special tax regime for the IT industry
• TP is a list of sources of information for obtaining quoted prices for 2022
• Gift certificates and corporate events for employees – PIT
Review of legislation and judicial practice in December 2021
The main news of the issue:
• Algorithm of actions of the employer concerning unvaccinated workers and civil servants
• Write-off of the FA located in the temporarily occupied territory: the State Tax Service allowed any form of act 5
• Plan of comprehensive inspections of state supervision bodies for 2022
• Who should confirm the data on final beneficiaries in 2022
• The Supreme Court clarified the conditions for dismissal of employees under a fixed-term employment contract
Review of legislation and judicial practice in November 2021
The main issues:
- Ukraine has completely switched to e-sick notes on October 1: how it works
- From October 1, the rules of registration of TTN will change
- The State Tax Service has updated the State Register of RROs
- A specialist and a worker cannot receive the same salary at the minimum wage – the position of the Supreme Court
- Dismissal due to redundancies is possible if all vacancies are offered – the position of the Supreme Court
The main news of the issue:
• The mechanism for calculating the average wage has been improved again
• Recommendations of the Ministry of Justice on information on the ultimate beneficial owners of the legal entity
• The deadlines for submitting financial statements have been extended
• Unsubmitted financial statements together with the auditor’s report are the reason for “blocking” tax invoices
• How unscheduled inspections of risk payers take place – STA
Review of legislation and judicial practice in September 2021
Main topics of the issue:
- From August 1, 2021, changes to the form and content of settlement documents come into force
- Updated income tax return form: when to report for the first time
- From August 27, there are changes to the Procedure for providing documents of a large taxpayer in electronic form during a documentary audit
- The Ministry of Finance approved three Generalized tax consultations on TP and income taxation of non-residents
- The Supreme Court agreed to a fine of almost UAH 15 million for an untimely tax invoice
Main topics of the issue:
- The Verkhovna Rada adopted as a basis the bill № 5600, which increases the rates of taxes and fees
- Criteria for selecting employers for the inspection of the State Labor and the State Tax Service from July 1
- A 3-month campaign of mandatory disclosure of ownership structure and final owners of enterprises begins on July 11
- Features of the numbering of appendices to the Joint Report on SSC
- The tax calculation for the second quarter of 2021 is submitted according to the old form
- Long-term debt for NAS can not be discounted – the position of the Supreme Court
Main topics of the issue:
- We waited a long time and now it is – the ownership structure is soon in action
- The State Tax Authority requires to submit a notification for f. 20-OPP if there is a change in the name of the district (community)
- Tax will monitor controlled transactions in a new way from 11 June
- The Supreme Court considered the issue of applying the cash register in case of receiving payment for goods via the Internet
- The nuances of transferring to remote and homework – clarification from the Ministry of Economy
Main topics of the issue:
- The Ministry of Finance approved the Code of Criminal Procedure with the TP
- Financial statements of companies have become available
- VAT: correction of Annex 1 to the declaration
- State Tax Authorities on the peculiarities of reporting on Social Security Сontribution in the consolidated reporting
- Notification of participation in an international group of companies: unambiguous questions
- Marketing services from sole proprietors and their inclusion in tax expenses – the position of the Supreme Court
Main topics of the issue:
- In three months the transition to electronic workbooks will start
- The report on controlled transactions is approved in a new form
- The NSSMC will not penalize for failure to submit annual financial statements for 2020 based on the Taxonomy UA IFRS XBRL
- The updated VAT return is submitted starting from the March 2021 reporting
- The State Labor Service gave examples of how you can get monetary compensation instead of vacation days
- The State Tax Service explained to farmers the rules of drawing up the Tax Invoice / Calculation of Adjustments for transitional operations
Main topics of the issue:
- Installed fines for individuals for lack of a mask in the premises and public transport
- Depreciation is also charged on the car arrested after an accident
- The Supreme Court noted the illegality of State Labor inspections based on information from PFU
- The sale of goods for export below the cost price can be considered non-economic activity
- Fiscal receipt by SMS, Viber, Telegram – STS explained the nuances for sellers
Review of legislation and judicial practice in November 2020