How will change in 2017 the taxes and fees?

2017-01-04 14:14:26
Machine translation
How will change in 2017 the taxes and fees?

From January 1, comes into force a number of laws that not only changes the order of administration of taxes and fees, but itself part of the tax system.

 

-law League reported on tax innovations.

 

Customs procedures

Canceled the exemption, which exempted from taxation the materials, components, assemblies and/or components used by taxpayers for the production of machinery and/or equipment for use in agriculture, but not produced in Ukraine.

 

Tax code

In the framework of anti-corruption reform in tax administration bodies, amendments to the Tax code regarding tax administration:

the

the tax authorities are prohibited to terminate the agreements on the recognition of electronic documents; the

  • part of the powers transferred to the Ministry of Finance;
  • the
  • technical audit of the information base is not yet transferred;
  • the
  • tax audit carried out by bodies of the DFS regional level. District tax inspection is performed only service functions;
  • the responsibility of tax authorities for unlawful assessment of taxes;
  • the
  • legislated electronic office of the taxpayer;
  • the
  • on the website of DFS in advance must be placed in the plan documentary checks;
  • the
  • reduced the penalty for self-correction of mistakes;
  • the
  • changed the procedure for the installment and deferred taxes.

the Law "On amendments to the Tax code of Ukraine concerning improvement of investment climate in Ukraine" from 21.12.2016 No. 1797-VIII.

 

Transfer pricing (TP)

Improved some of the norms of article 39 of the tax code regarding transfer pricing, in particular:

the

the deadline for submitting the report on controlled transactions postponed from may 1 to October 1; the

  • increased the size of the value criteria for defining operations controlled: annual income of 150 million UAH is UAH 50 million, the annual volume of business transactions with one counterparty – UAH 10 million instead of 5 million UAH;
  • the
  • clarified documentation requirements for transfer pricing;
  • the
  • to clarify the procedure of self-correction rates;
  • differentiated penalties for failure to provide or untimely provision of transfer pricing reporting.

the Law "On amendments to the Tax code of Ukraine concerning improvement of investment climate in Ukraine" from 21.12.2016 No. 1797-VIII.

 

Tax on profits of enterprises

the Most significant changes relating to income tax, can be considered:

the

  • detailed requirements for non-profit organizations;
  • the
  • is the possibility of the transfer of property tax due to the payment of income tax;
  • the
  • supplemented by the rules for tax depreciation of fixed assets and intangible assets;
  • the
  • is allowed accelerated depreciation of machinery and equipment;
  • the
  • allows for negative tax adjustment in the case of write-off of uncollectible receivables reserves for doubtful debts, at the same time specified the criteria for recognition of bad debts;
  • the
  • introduced a new tax adjustments for some transactions with non-payers of income tax;
  • the
  • introduced a "zero" rate of income tax for microenterprises with annual revenues of up to 3 million UAH;
  • the
  • clarified rules on the avoidance of double taxation on transactions carried out before 1 January 2015.

the Law "On amendments to the Tax code of Ukraine concerning improvement of investment climate in Ukraine" from 21.12.2016 No. 1797-VIII.

the Law "On amendments to the Tax code of Ukraine and certain legislative acts of Ukraine concerning balancing of budget revenues in 2017," from 20.12.2016 No. 1791-VIII.

 

value added Tax (VAT)

the

  • the mechanism of suspending the bodies of DFS registering "risky" tax invoices in the URTI and the restoration of the registration, provided that the payer of the appropriate explanation and evidence (from 1 April to 1 July 2017 will work in test mode);
  • the
  • refund of VAT will be automatically Treasury the common register in chronological order of receipt of applications without a preliminary finding of the bodies of DFS (but after the introduction of the locking mechanism risky tax);
  • the
  • registration deadline a tax increased to 365 days and improved mechanism of penalties;
  • the
  • list details of the tax invoice is supplemented by the code UKT VED:
  • the
  • errors in the details of tax invoices that do not interfere with identification of the operation will not be grounds for refusal of registration.

however, restored the right of DFS to check for a negative value generated by operations in the period until 1 July 2015.

the Law "On amendments to the Tax code of Ukraine concerning improvement of investment climate in Ukraine" from 21.12.2016 No. 1797-VIII.

the Law "On amendments to the Tax code of Ukraine and certain legislative acts of Ukraine concerning balancing of budget revenues in 2017," from 20.12.2016 No. 1791-VIII.

 

Cancel a special regime of VAT for agricultural enterprises

Provides transitional rules for businesses that previously were on spetsrezhime VAT:

the

  • time of closing the accounts in the SER VAT from the day following the deadline for payment of tax liabilities through December 2016;
  • the
  • registration of tax invoices and/or adjustment calculations to tax invoices in the URTI, developed by spetsrezhimom, operations on the supply of agricultural commodities/services must be made no later than January 15, 2017;
  • the
  • the amount of negative transactions for the supply of agricultural goods/services generated by spetsrezhimom at the end of the reporting tax period to December 2016 (4th quarter of 2016) will be transmitted to the tax reporting following the reporting tax period, reflecting payments to the budget.

the Law "On amendments to the Tax code of Ukraine and certain legislative acts of Ukraine concerning balancing of budget revenues in 2017," from 20.12.2016 No. 1791-VIII.