- Ukrainian exporters are losing millions due to VAT blocking by the State Tax Service
- Companies are forced to go to court to get their money back
- Tax authorities reject VAT refunds during inspections, causing financial difficulties for companies
- Blocking of tax invoices and refusal or delay in VAT refunds are major challenges faced by exporters
- Recent amendments to environmental legislation and inconsistencies with the tax code add to the difficulties
- Exporters purchasing inventory items from companies with ties to Russia face additional challenges in getting VAT refunds
- One high-tech enterprise in the frontline area has over UAH 312 million in unrecovered VAT since March 2022
- Lack of effective ways to protect taxpayers leads to lengthy court procedures for resolving disputes with tax authorities.
Source: onmanorama.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
