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Tax invoices can now be registered even with a negative balance value

05.11.2018

Subject of Complaint: State Fiscal Service of Ukraine (SFS)

Complaint in brief: On May 21, 2018, the Ukrainian power supplying company addressed the Council. The enterprise complained about the incorrect functioning of the system of electronic administration of value added tax (SEA VAT) when registering tax invoices.

In December 2016, the Verkhovna Rada of Ukraine adopted amendments to the Tax Code. These changes (p.200-1.9) allowed enterprises to register tax invoices even at a negative balance value.
But the SFS and the Ministry of Finance did not provide this opportunity to taxpayers, because they did not develop the corresponding software. This issue was addressed to the BOC by a joint-stock company.

Actions taken: Within the framework of the Memorandum on Partnership with the SFS, the Council introduced the complaint to the tax expert group meeting. Parties met and discussed the status of development and updating of software. The Council stressed the importance of the issue for taxpayers and the need for its prompt resolution.

Result achieved: Having revised the system state bodies reported that the mechanism was implemented. From now on taxpayers are able to register tax invoices even with a negative balance value.