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

Despite the significant surplus of payments, there are no resources laid out in the state budget to reimburse the funds budget is not incorporated in the resource reimbursement these funds, according to Head of the State Fiscal Service of Ukraine Roman Nasirov.

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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.

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