2026

Tax accounting is one of the key components of any business activity. Failure to comply with tax legislation may result in significant financial losses due to fines, penalties, and other sanctions imposed by the State Tax Service of Ukraine. Understanding the possible consequences and obtaining timely legal support can help minimize risks. Main Tax Accounting

Fictitious counterparties are one of the most common issues businesses face during tax audits. The tax authorities increasingly apply strict measures, considering transactions with such counterparties as risky, which may lead to VAT invoice blocking, additional tax assessments, and penalties. Who Are Fictitious Counterparties? Fictitious counterparties are business entities created formally, without real business operations

In Ukraine’s modern tax system, electronic verification and blocking of VAT invoices have become tools for monitoring business activities. However, these mechanisms are often applied without sufficient grounds, violating taxpayers’ rights and creating risks for the normal operation of businesses. When Does the Tax Authority Block a VAT Invoice? The registration of a VAT invoice

The electronic VAT administration system provides for automatic control over the registration of VAT invoices. Businesses often face situations where the State Tax Service blocks invoices, creating risks of losing VAT credit for counterparties and causing financial and reputational consequences. In this article, we will examine why this happens and how businesses can prevent it.

Recent years have become a serious challenge for businesses in Ukraine. The COVID-19 pandemic, followed by the full-scale military invasion, significantly affected not only the economy but also the government’s approach to tax control. Tax audits underwent substantial changes caused both by restrictions and by the need to support taxpayers under extraordinary circumstances. The Pandemic

Tax audits are one of the key instruments for monitoring compliance with tax legislation. However, for such audits to be lawful and justified, tax authorities must comply with established procedures, including proper notification of the taxpayer about the audit. But is such notification always mandatory? And what should a business do if an audit takes

Appealing decisions of the tax authorities is an important tool for protecting taxpayers’ rights. However, for this mechanism to work effectively, it is necessary to comply with the established appeal deadlines. Missing such deadlines may result in the loss of the right to protection and significant financial losses. In this article, we will review how

The tax service plays a key role in monitoring compliance with tax legislation and ensuring revenues to the state budget. However, like any government authority, it may issue decisions that sometimes raise doubts or disputes among taxpayers. That is why it is important to understand which tax authority decisions can be appealed and how to

Tax penalties are one of the most common financial sanctions faced by businesses in Ukraine. The imposition of penalties by tax authorities often raises many questions and controversial situations. At the same time, Ukrainian legislation provides several cases in which businesses may be exempt from the obligation to pay such penalties. In this article, we

The issue of tax and other inspections without prior notice is one of the most relevant concerns for businesses in Ukraine. This is especially important for lawyers, real estate professionals, and other business entities seeking to protect their operations from unexpected inspections. In this article, we will review the circumstances under which inspections may be