Colleagues,
we offer you a review of the legislation in May 2018.
Key news of the edition:
- Value-added tax return has been updated
- Bulgaria has been excluded from the list of the low-taxes jurisdictions
- It has been determined how to prepare the list of the risky taxpayers
- If it is possible to correct fines and penalties amounts in the Income Tax Return
- Specifics of allowing for the exchange differences when estimating annual income for transfer pricing purposes
- Limitation periods for fines imposed for the breach of labor laws
- When it is possible to avoid answering to the request from the State Fiscal Service
Colleagues,
we offer you a review of the legislation in April 2018.
Key news of the edition:
- Value-added tax return has been updated
- Bulgaria has been excluded from the list of the low-taxes jurisdictions
- It has been determined how to prepare the list of the risky taxpayers
- If it is possible to correct fines and penalties amounts in the Income Tax Return
- Specifics of allowing for the exchange differences when estimating annual income for transfer pricing purposes
- Limitation periods for fines imposed for the breach of labor laws
- When it is possible to avoid answering to the request from the State Fiscal Service
Colleagues,
we offer you a review of the legislation in February 2018.
Key news of the edition:
- the Law on Financial audit has been signed;
- the Procedure for granting the right to pay VAT by installments has been approved;
- the advance was paid 1095 days ago: let’s cut the tax credit;
- from vacations to business trip: what about travel costs?;
- employees performance appraisal at the expense of employer: what about personal income tax?;
- the lack of consignment note does not mean the transaction is a sham one.
Review of legislation and judicial practice in February 2018
Colleagues,
we offer you a review of the legislation in January 2018.
Key news of the issue:
- As from January 5, a new regulation on cash operations will become effective;
- Finance Ministry clarified when the “lucky ones” will have to migrate to IFRS 9;
- Reciprocal reconciliation now aims at the information dealing with transfer pricing;
- Forms of the documents for Labor Agency inspections have been approved;
- Fines for the incorrect code of the goods/services in tax invoices get “unfrozen”;
- List of nonresidents for a 30% adjustment becomes longer.
Review of legislation and judicial practice in January 2018
Colleagues,
we offer you a review of the legislation in December 2017.
Key news of the edition:
- Minimum legal wage and living wage in 2018;
- Controlled transactions now include those between representative office and respective nonresident;
- Tax invoices blocking system has been suspended temporarily;
- Change in the timeline for value-added tax credit formation;
- Maximum Common Social Contribution accrual base in 2018.
Review of legislation and judicial practice in December 2017
Colleagues,
we offer you a review of the legislation in November 2017.
Key news of the edition:
- December 25 is a National Holiday;
- New changes introduced into the tax invoices/update estimates block criteria;
- No adjustments in your financial result – get a mark in the Tax Return each year;
- National Bank of Ukraine has simplified conditions for the import payments;
- Registration of the Update estimate to the blocked Tax invoice is a waste of time;
- Refusal to register a Tax invoice has no impact on the tax expenses recognition;
- Making obstacles in inspections carried out by Ministry for Labor will result in fines amounting to 100 minimum wages;
- Using an electronic invoice in settlements with foreign counterparties.
Review of legislation and judicial practice in November 2017
Colleagues,
we offer you a review of the legislation in October 2017.
Key news of the issue:
- amended Law On accounting and financial statements was made public;
- pension reform was adopted;
- declare your VAT-liabilities even when the tax invoice is not registered with the Common Register of Tax Invoices;
- all-you-can-eat buffet for employees.
Review of legislation and judicial practice in October 2017
Colleagues,
we offer you a review of the legislation in September 2017.
We are sure that you will find for yourself interesting and useful information.
Key news of the issue:
- If your VAT returns and Common Register for Tax Invoices does not reconcile – the extraordinary tax audit will come soon НДС-декларация не сходится;
- Tax authorities told us how they are going to spot the “on paper only” transactions;
-“No-pay” Director – is a violation of the labor laws.
Review of legislation and judicial practice in September 2017
Colleagues,
we offer you a review of the legislation in August 2017.
We are sure that you will find for yourself interesting and useful information.
Key news of the issue:
- opinion of the controllers about the proofs of the unreality of economic transactions and “good faith” of counterparties;
- blocking criteria have been updated;
- if an individual-entrepreneur, being on the common tax system, can depreciate trucks.
Review of legislation and judicial practice in August 2017
Dear Colleagues,
we offer you a review of the legislation in June 2017.
We are sure that you will find for yourself interesting and useful information.
The key news of the issue:
- Using a new form of the Income tax return for reporting.
- If the advances paid to suppliers subject to reimbursement from the state budget.
- How one can fill in the Form 1DF, if the person refused from the Code (RNOKPP) but received the biometrical passport.
- Adjusting the average wages of the employee transferred to the inferior position.
- The Cabinet of Ministers approved the procedure for keeping the automated system of inspections.
- Updated. Transfer pricing reports.
- The Cabinet of Ministers cancelled the state regulation of retail prices.