Ukraine’s businesses overpay UAH 24 bln of income tax in 2015 – Fiscal Chief

The businesses have overpaid UAH 24 billion of income tax / Photo from UNIAN

The amount of income tax overpaid by the Ukrainian entrepreneurs currently stands at UAH 24 billion, Nasirov said during a meeting of the Verkhovna Rada Committee on Taxation and Customs policy.

"Unfortunately, there are no resources laid in the budget for reimbursement of these funds," he said.

Read alsoIMF proposes tougher rules for simplified taxation in UkraineAs UNIAN reported earlier, Ukraine's key creditor, the International Monetary Fund, has proposed considering the possibility of introducing progressive personal income tax as part of the tax reform instead of the existing flat tax rate.