Tax returns must be filed on time
Tax returns must be filed on time

The State Tax Service under the Ministry of Economy continues to conduct awareness-raising activities to ensure timely submission of tax returns by taxpayers. The importance of timely submission of returns, accurate calculations and timely payment of taxes is brought to the attention of the public.
It should be noted that in the event that the amount of tax reflected in the return is reduced relative to the amount that should be indicated in that report, as well as in the event that the tax payable to the budget is evaded by not submitting a report, the taxpayer is subject to financial sanctions determined by the Tax Code in relation to the reduced or evaded amounts. In addition, if it is impossible to determine the object of taxation for any other reasons, tax authorities have the right to calculate the amount of tax payable in camera using relevant information in the manner prescribed by law.
Timely and correct submission of returns is not only a requirement of the legislation, but also a social responsibility. This process is an indicator of the taxpayer's compliance with the law, contribution to transparency and active participation in ensuring accountability. At the same time, transparency in financial transactions strengthens trust and relationships with stakeholders.
One of the priority areas of activity of the State Tax Service is the continuous improvement of tax administration and protection of the interests of taxpayers. For this reason, wide opportunities have been created for the submission of declarations and reports in electronic form. This, in addition to reducing the administrative burden of taxpayers, allows micro and small entrepreneurs to conveniently submit declarations without visiting service centers.

The State Tax Service under the Ministry of Economy continues to conduct awareness-raising activities to ensure timely submission of tax returns by taxpayers. The importance of timely submission of returns, accurate calculations and timely payment of taxes is brought to the attention of the public.
It should be noted that in the event that the amount of tax reflected in the return is reduced relative to the amount that should be indicated in that report, as well as in the event that the tax payable to the budget is evaded by not submitting a report, the taxpayer is subject to financial sanctions determined by the Tax Code in relation to the reduced or evaded amounts. In addition, if it is impossible to determine the object of taxation for any other reasons, tax authorities have the right to calculate the amount of tax payable in camera using relevant information in the manner prescribed by law.
Timely and correct submission of returns is not only a requirement of the legislation, but also a social responsibility. This process is an indicator of the taxpayer's compliance with the law, contribution to transparency and active participation in ensuring accountability. At the same time, transparency in financial transactions strengthens trust and relationships with stakeholders.
One of the priority areas of activity of the State Tax Service is the continuous improvement of tax administration and protection of the interests of taxpayers. For this reason, wide opportunities have been created for the submission of declarations and reports in electronic form. This, in addition to reducing the administrative burden of taxpayers, allows micro and small entrepreneurs to conveniently submit declarations without visiting service centers.