Who joined the “white business club”: Hetmantsev names the number of companies
17 December 2024 07:25
The State Tax Service has included 8.2 thousand companies in the list of taxpayers with a high level of voluntary compliance with tax laws (the so-called “white business club”). This was announced by thechairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy, Danylo Hetmantsev , "Komersant Ukrainian" reports
In total, the list of companies automatically included in the white business club includes more than 8.2 thousand companies. Among them are both large and medium-sized and small enterprises with the best tax discipline indicators. These are companies that demonstrate a high degree of responsibility in paying taxes and are ready to cooperate with the state.
According to the data provided, the list includes the following categories of taxpayers:
- 4487 legal entities under the general taxation system;
- 2359 legal entities – single tax payers of the third group;
- 1088 legal entities – single tax payers of group IV;
- 170 residents of the special regime “Diia City”;
- 151 individual entrepreneurs.
These companies account for a significant portion of the state budget revenues. Together, they pay 16.6% of the total budget revenues of Ukraine, which indicates their importance for the country’s economy.
A special feature of the project is the involvement of 576 compliance managers who provide support and guidance to project participants. They help companies at every stage of interaction with government agencies, ensuring a high level of trust and transparency.
According to the plans, the list of companies included in the White Business Club will be published on December 19 this year.
What is known about the White Business Club?
As a reminder, the President of Ukraine Volodymyr Zelenskyy signed Bill No. 11084 on the establishment of the White Business Club, a list of taxpayers with a high level of voluntary compliance with tax laws.
The law is aimed at improving the interaction between tax authorities and honest taxpayers, providing the latter with certain benefits in exchange for a high level of tax discipline.
It clarifies the concept of “tax risk” and introduces a new concept of “compliance” (tax risk management).
The Law defines the criteria for recognizing a taxpayer as a bona fide taxpayer, including no or minimal tax debt, timely submission of reports, compliance with industry tax payment rates, and payment of salaries not lower than the industry average.
Taxpayers included in the list will receive the following benefits:
- upon request, the taxpayer has the right to receive information about tax information available to the controlling authority that may indicate tax risks in the taxpayer’s activities, as well as advice on how to eliminate such risks within five days
- moratorium on documentary audits;
- reduction of the timeframe for desk and documentary audits for the purposes of budgetary reimbursement – five calendar days;
- individual tax consultations within five calendar days;
- the taxpayer is assigned a compliance manager with whom the taxpayer will be able to interact, in particular by means of remote communication, including videoconferencing;
The list of bona fide taxpayers is compiled on a quarterly basis, and taxpayers are notified of their inclusion in this list. These features will be in effect for the period of martial law and until the end of the year, when it will be canceled.
Read about the business reaction to the law here.
