Business news from Ukraine

LARGE BUSINESSES SUPPORT NORMALIZATION OF FISCAL SERVICE AT MEETING WITH POROSHENKO

29 May , 2015  

KYIV. May 26 (Interfax-Ukraine) – Heads of industrial enterprises and companies have assessed the actions and work of the State Fiscal Service of Ukraine as unacceptable and threatening to the relative stabilization of tax payments and value added tax refunds for exported products.

A well-informed source has told Interfax-Ukraine that representatives of large business made their opinions known at a meeting with Ukrainian President Petro Poroshenko on Tuesday.

The source said that at a meeting organized by the European Business Association (EBA) and the American Chamber of Commerce in Ukraine, around 200 top managers of the leading companies in the country were present.

The source said that representatives of large business expressed their dissatisfaction with the recent actions of the State Fiscal Service and appointments in the service. Poroshenko said there should be no hurry regarding the work of the new managers of the State Fiscal Service.

He called on businessmen to work honestly and openly, and that tax agencies should have a correct attitude towards companies working honestly.

One of those in attendance at the meeting – Director General of Zaporizhstal Rostyslav Shurma – said in an interview with Interfax-Ukraine that the president the issue of disconnecting some large industrial companies from the automated VAT refunding system was discussed.

“Of course, the goal is good – to fight tax gaps. Unfortunately, the goal and mechanisms of fighting do not coincide. If there are problems in the tax system, make the system transparent and predictable for all. But the killing of enterprises, illegally taking away funds earned by them, would not settle the problems of the tax system mentioned by the country’s president,” he said.

He said that there are transparent producers, fair taxpayers, and Zaporizhstal and several dozen other large industrial companies with a perfect financial and industrial history are among them, adding the state should have a correct attitude towards them.