Chernivtsi: Changes in calculating fines and penalties
State Tax Inspection in. Chernivtsi recalls that the Law of Ukraine on July 17, 2015 655-VIII "On Amendments to the Tax Code of Ukraine on reducing the tax burden on taxpayers" ( hereinafter - the Law 655), which entered into force on 1 September 2015, were made islandstant amendments to the Tax Code of Ukraine (hereinafter - the Code). Now has a new procedure for calculating penalties in self-identified errors and the taxpayer on penalties (financial) sanctions. How made these charges? Thanks to supplement Art. 129 Code 129.9, in the case of changes to the tax returns as a result of the selfynoho error detection taxable under Article 50 of the Code penalties provided by this article is not charged if changes to the tax returns made within 90 calendar days following the last day of the deadline for payment of the liability specified by this Code. In addition, the law number 655, temporarily, until December 31day 2016 inclusive, cancels taxpayer revenues and / or transactions which the previous (reporting) year amounted to less than 20 mln. UAH., penalties (financial) penalties assessed by the amount of the tax liability that the taxpayer paid without appeal tax notification solutions in terms defined by this Code. These changes envisagedand the addition to subsection 10 of Section XX "Transitional Provisions" of paragraph 35 of the Code. Accrued penalties (financial) sanctions are canceled within 10 days from the date of payment of the tax liability in the manner prescribed by the central executive body to form and implement the state financial policies. The above rule does not SAGtosovuyetsya in case of repeated during the year determining the supervisory authority the amount of the tax liability of the same tax or fee. In case of cancellation paid appropriate punitive tax liability is not subject to further appeal. This was reported in the Chernivtsi City CouncilSource: http://artlife.rv.ua/