It
is more than a month has passed since the publication of the
article on the new system of VAT administration. Over this period
of time, some important points have shown up.
Firstly,
there is a high likelihood of the new administration system being
revoked. The revocation of the new system is provided for by the
Coalition Agreement. Moreover, the
bill No 1141 on the revocation of this system has been registered
by the Verkhovna Rada (Ukrainian parliament).
Secondly,
the
blocked
VAT-accounts will not be opened at the Clearing
Сenter
for Servicing Contracts in the Financial Markets. Pursuant to the
effective resolution of the Cabinet
of Ministers of
Ukraine
No
569
such
accounts
will
be rather opened
at
the State
Treasury
of
Ukraine.
Thirdly,
on 4 December 2014, the State
Fiscal
Service
of Ukraine
published
a
methodological
document
"Basic
Rules of
the
Electronic
VAT
Administration."
The document
provides
clarification
on
many
aspects
of
the operation of the new system
of
administration.
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