Main topics of the issue:
- Adjustments to the Electronic VAT Administration Procedure have been done
- Intellectual property rights can now be applied for online
- Updated the form of the report on the employment of persons with disabilities
- You pay %, dividends, royalties to Sweden – analyze the English text of the Convention because our translation contains blunders
- Obvious and inevitable “genocide” of foreign missions: the allegedly non-profit pharmaceutical representative office was recognized permanent and additional millions of obligations were charged
Main topics of the issue:
- Checks during the quarantine
- Provisions for IFRS and tax differences
- Penalties for violation of deadlines for registration of tax invoices – comment from the State Tax Authority
- Penalties for missing job descriptions
- How single taxpayers have to pay for leased land
- Notification for f. 20-OPP (notification of objects of taxation): how to determine the submission date
Review of legislation and judicial practice in September 2020
Main topics of the issue:
- From September 1, the minimum salary – 5000 UAH
- Submission of information about the final beneficiary: there are still no documents, but there is an explanation from the Ministry of Justice
- Parliament is in favor of postponing the release date of financial statements together with the auditor’s report
- Doubt – submit: “flash of importance” of notification of objects of taxation (form 20-OPP)
- You can pay dividends for a profitable year even with last year’s losses
- The free distribution of promotional materials is not delivery, therefore, without VAT
- Epic with updated codes of UCT ZED (Ukrainian classification of foreign economics goods): how to fill in the tax invoice
Main topics of the issue:
- The rules of operation of software RROs are approved
- Discounting of debts from the Ministry of Finance
- Transfer pricing and debt discounting
- Employers are not obliged to look for and employ people with disabilities on their own
- Customs cannot fine only for an erroneous code according to UCT ZED (Ukrainian classification of foreign economics goods)
Main topics of the issue:
- New fines for violation of labor laws come into force from 2 February, 2020
- Amendments to the Regulation on the registration of VAT payers
- Receipt of the payment terminal – not a settlement document – no need to store 3 years
- “Horse Riding” or #Coronavirus of the Brain: wait for a visit to Gostruda with educational program about coronavirus
- Self-representation of a legal entity in court – an innovation you should be aware of
- And this is not a joke: from 1 April, 2020 they will begin to be fined for unlicensed storage of fuel
Review of legislation and judicial practice in February 2020
Main topics of the issue:
- New Incoterms 2020 Rules
- The new tax invoice blocking order has been in effect since February, the 1st
- VAT declaration form updated
- Updated profit declaration form
- Оperation at a loss – does not mean that the operation is non-economic
- Refusal to provide the necessary documents to the State Labor is an obstacle to verification
Main topics of the issue:
- Corporate party at the expense of the employer – without additional benefit for employees
- Got a car – submit Form no. 20-OPP
- Discounting loan debt does not require adjustments to the financial result
- “Yes, no, probably”: is it so necessary to approve the staff list
- Do you see the representation? But it exists…: judicial practice of recognition of permanent establishment
Review of legislation and judicial practice in December 2019
Main topics of the issue:
• State Budget 2020
• Determine the normal price for VAT purposes
• The Regulations on conducting cash transactions have been amended regularly
• Facebook advertising: how to document your expenses
• The amount of money arrested cannot exceed tax debt
• Free distribution of promotional items: VAT
• In the case of a summary of working time, the employer should take into account rest time
Review of legislation and judicial practice in November 2019
Dear colleagues and partners,
Please find attached our news review for April 2019
Key news of the issue:
- Some legal entities shall make public their financial statements by April 30.
- Transition to IFRS and income return adjustments.
- There is no need to submit the FX return after 1Q2019.
- What is a long-term contract for the purpose of finding out the date when VAT liability emerged – the opinion of the State Fiscal Service.
- In what cases the compensation of the purchased goods cost to employee is not treated as his income? – A new stance of the State Fiscal Service.
- It is not important for not accruing the indexation by how much the wages are increased.
- Exchange differences in case of the dividends – the opinion of the State Fiscal Service.
Обзор законодательства и судебной практики за апрель 2019г.
Dear colleagues and partners,
Please find attached our news review for January 2019 year.
Key news of the issue:
- Large Taxpayers Register has been updated for 2019
- National Bank of Ukraine has approved a new system for currency regulation
- What entities have to submit the Management Account
- Change in the controlled transactions
- January 1, 2019 the Directory for income features in Form- 1DFС was updated
- Income tax. In 2018 reports are to be filed using a new system
Review of legislation and judicial practice in January 2019