Tax authorities published the list of members of the “white business club” for the first time
20 December 2024 09:35
The State Tax Service has published the names of the companies included in the List of taxpayers with a high level of voluntary compliance with tax laws – the so-called “White Business Club”. This was reported by the State Tax Service, "Komersant Ukrainian" reports.
The list includes 8255 taxpayers, including:
– 4488 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;
– 169 residents of Diia City;
– 151 individual entrepreneurs.
The project involves 576 compliance managers.
The State Tax Service reported that as of December 01, 2024, the taxpayers included in the List paid UAH 257.1 billion in taxes to the consolidated budget, or 16.6% of the total tax payments.
Members of the White Business Club are promised certain benefits
Special tax administration procedures:
– Moratorium on documentary audits.
No factual or documentary audits will be conducted, except for budget reimbursement, transfer pricing, audits initiated by the taxpayer or in case of receipt of evidence/information on tax payment risks.
– Reduction of the timeframe for audits.
The terms for desk and documentary audits for the purposes of VAT refunds have been reduced to 5 and 10 business days, respectively.
– Individual tax consultations.
The State Tax Service provides individual tax consultations to taxpayers within 15 calendar days, without the possibility of extending the term of its consideration.
– Personal consultant-compliance manager.
The taxpayer is assigned a consultant who accompanies him on all issues related to tax administration. He or she will inform the taxpayer about the requirements of the law, help develop strategies for fulfilling tax obligations and eliminating potential risks of tax violations. If necessary, the compliance manager will provide tax advice.
What do you need to join the White Business Club?
There are common requirements for all categories of taxpayers:
– No violations of reporting deadlines.
– No decision on inclusion in the list of risky VAT payers.
– No tax and unified social contribution arrears.
– No violations of the deadlines for settlements for export-import operations during the last 12 months.
– No sanctions against the taxpayer and/or its founders (participants), ultimate beneficial owners.
– No bankruptcy or winding-up procedures.
– The taxpayer and/or its founders (participants), ultimate beneficial owners do not have citizenship of the state that carries out armed aggression against Ukraine.
– No changes in the main type of economic activity within the last 12 months.
– Compliance with the criteria depending on the chosen taxation system.
– Being registered with the State Tax Service for more than 1 year.
Special additional requirements are also defined for legal entities on the general taxation system, for residents of Diia.City, for legal entities – single tax payers of group III, for legal entities – single tax payers of group IV (agricultural producers), for individual entrepreneurs on the general taxation system, for individual entrepreneurs – single tax payers of group III.
The State Tax Service of Ukraine has created a special resource – the sub-site of the State Tax Service of Ukraine “Territory of High Level of Tax Confidence” – which contains all the information on the introduced innovations. Taxpayers can find out how to become a participant in the Highly Taxed Territory project, what requirements they need to meet, what benefits they can get, check their own performance, and analyze the performance of the industry to which the business entity belongs.
Legislative basis for the White Business Club
The law “On Amendments to the Tax Code on Peculiarities of Tax Administration during Martial Law for Taxpayers with a High Level of Voluntary Compliance with Tax Legislation” provides for the creation of a separate List of taxpayers with a high level of voluntary compliance with tax legislation, who will enjoy a number of advantages in tax administration during martial law. The President of Ukraine signed the law on July 27 this year. The law was initiated and co-authored by Danylo Hetmantsev, Chairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy.
