“If the document is adopted, companies will be able to reduce their income tax liability by the amount of capital investments. Then they will have to fulfil a number of requirements: funds investment into production or acquisition of tangible assets. Such assets shall be used for at least four years, and they shall be commissioned from 2016 until 2018. The document enables selecting the ways to use income tax overpayments: to reduce tax liabilities or to have them returned as the ones which have been paid by mistake and/or excessively,” says Vasyl Andrusiak, a lawyer of Moris Group Law Company.
Read the full text of the article at: https://http://www.dsnews.ua/economics/minfin-hochet-napolnit-byudzhet-za-schet-uproshchentsev–04122015081200