In order to prevent negative social and economic consequences of late
VAT refund and improved financial condition of business entities,
President of Ukraine Viktor Yanukovych demands the Government to
establish an effective procedure of timely refund of legally declared
VAT.
According to the relevant instruction, in the first decade
of October the Government is to elaborate an effective plan of measures
on improving administration of the tax, preventing growth of VAT refund
debts, establishing effective monitoring of VAT-bonds circulation and
its impact on the financial markets and providing in-depth consideration
of all the factors that affect VAT refunds in the process of
preparation of the 2011 state budget.
Архiв
