A large importer of goods asked allTax legal and tax advisors to help him to apply the tax compromise which was a novel for Ukrainian legislation.
allTax consulted a large importer of goods and prepared documents for the tax compromise. As a result the tax compromise was applied to the client, and large tax liabilities regarding VAT and corporate tax for more than 1 million hrivnas were canceled.
The tax compromise had become one of the first steps of the new government concerning the withdrawal of the business enteties from the shadows. The law was limited in time. The tax compromise applied to companies who had no tax debts regarding the commitments that had not yet entered into force (for example, had not been undetected by the tax authorities and/or were at the stage of administrative appeal in the fiscal service or in the court). The legal entity had to pay 5 % of tax liabilities and the rest 95% were considered settled. The tax compromise was used by a large number of taxpayers.
allTax legal and tax advisors team had accompanied the procedure of applying of the tax compromise to the large importer of goods under the supervision of Victor Sereda.