03/06/2014

 

The right to a budgetary refund of value-added tax in the amount of 7.5 million UAH has been renewed to a large foreign investor.

 

An amount of budgetary refund of value-added tax was reduced by a tax office for a large foreign investor, VAT negative value was reduced, and liability including VAT was additionally charged in the total amount of 7.5 million UAH.

The complexity of this case was in receiving it by our company at the stage of cassation consideration in the Supreme Administrative Court of Ukraine. Thanks to diligent work of our team, a detailed protection strategy was developed, a detailed analysis of accounting and tax documentation was carried out. We have received a final successful outcome in the Supreme Administrative Court of Ukraine for the client.

As a result of our work, the foreign investor has not only renewed the right to the budgetary refund of value-added tax and has reduced the tax liabilities in the amount of 7.5 million UAH but has got an actual VAT pecuniary indemnity on his account.

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