Farmers pay to the budget less tax than expected the Ministry of Finance

2016-06-08 14:26:10
Machine translation
Farmers pay to the budget less tax than expected the Ministry of Finance

a New system of taxation for agricultural producers has not helped to increase revenues.

 

Chairman of DFS said that before the introduction of the new system of charging VAT for farmers, the Ministry of Finance preliminary calculations, according to which from the agricultural sector to the Treasury must be received 1 billion UAH. monthly and about the same to go in the form of requests for reimbursement.

 

in fact, in January the budget has not received anything in February – a mere 150 million USD. twice in March and 400-450 million USD. in April. Agribusiness companies paid significantly less in taxes than was planned.

 

Regarding the recovery of VAT, the situation is also ambiguous. It is difficult to separate farmers and not farmers, because agricultural exports are not only manufacturers, but also trading companies. For the last 2-3 months of applications for VAT refunds on average amount to 7 bln. per month. The proportion of farmers (grain producers and Oleynikov) in the amount of approximately 2-2,5 billion USD.

 

Chairman of DFS noted that for the first four months of the year, the peak of sales by farmers of their own products, so reports the APK while it was on such amounts.

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