Tax Service plans to inspect more than 4000 businesses this year

What happened? The Tax Service plans to inspect 2551 companies and 1461 sole traders in 2023.

Source. Opendatabot.

Details. Currently, the tax authorities are going to conduct documentary audits of 2085 companies, 140 non-resident financial companies, and 1461 sole traders.

In addition, it is planned to inspect the payment of unified social tax and military tax by 9 large businesses, 85 medium, and 232 small ones.

According to the law, companies are at high risk of inspections if:

• their level of income tax payment is 50% lower than the industry average;
• they have relations with counterparties that are wanted or liquidated – if the amount of transactions exceeds 5% of the total volume of transactions, but not less than 100,000 UAH;
• there is an information on tax evasion by the company;
• they have signs of fictitiousness;
• their registration has been cancelled in court;
• in respect of them the fact of failure to submit tax reports for two tax (reporting) periods has been established;
• they are on the wanted list;
• they are declared bankrupt.