In June, entities may change the taxation system

11 June 2014 09:06  1871588 072445
In June, entities may change the taxation system

Uzhgorod STI reminds that taxpayers, who are on the general system of taxation, may decide to switch to the simplified taxation system by filing an application to the supervisory authority no later than 15 calendar days before the beginning of the next calendar quarter.

That is, in order to become a single tax payer in the third quarter, the entity has to file an application for this system no later that June 13. Such transition is allowed once per calendar year.

To refuse from the simplified taxation system, the entity shall submit an application to the supervisory authority no later than 10 days before the beginning of a new calendar quarter (year). Thus, if a taxpayer decides to refuse from the simplified system and switch to payment of other taxes and duties, starting from the third quarter, he or she shall submit an application no later than June 20, 2014.

By Uzhgorod STI

Post comment

Users posting offensive comments as to other participants of discussion will be banned by moderator without prior warning or explanation. The information related to these users may be provided to law enforcement authorities upon relevant request.Links and advertising messages are prohibited in the comments!

No comments
]]>