Establishment of the Register of Damage Caused to Ukraine by Russian Aggression
According to the statement of the Ministry of Justice of Ukraine, on 17 February 2023, the Dutch government agreed to Ukraine’s proposal to establish an international organisation in the Hague called the Register of Damage Caused to Ukraine by Russian Aggression.
The Register will contain information on the damage caused by the war to Ukrainian citizens, businesses and the state.
Let us please remind you that the establishment of the Register was recommended in the UN General Assembly Resolution on 14 November 2022.
Thus, the Register aims to become the first component of a comprehensive reparations mechanism, which should include the creation of a compensation commission that will be considering individual applications for compensation by Russia for damages from citizens, companies and the state.
A compensation fund should also be created to accumulate funds for payouts under the commission’s decisions, including at the expense of confiscated Russian assets.
Changes to the Procedure for Submitting Electronic Tax Documents: the Law
Law No. 2876-IX, which entered into force on 08.02.2023, amended the Tax Code of Ukraine, in particular, in the part regulating the procedure for submitting electronic documents (including tax invoices and adjustment calculations).
Thus, the Law increased duration of the operating day by 2 hours. In particular, electronic documents (including tax invoices and adjustment calculations) shall be accepted from taxpayers from 8:00 to 20:00.
It is also determined that the operating day for registration of tax invoices / adjustment calculations in the Unified Register of Tax Invoices (URTI) during the deadline for its registration in the URTI shall last from 0 hours to 24 hours (i.e. during the day).
A receipt for acceptance / rejection or stopping the registration of tax invoices / adjustment calculations shall be sent to a taxpayer no later than the next business day.
In addition, the Law has reduced fines for violation of the terms of registration of tax invoices in the URTI.
Thus, the fine for violation of the deadlines for registration of tax invoices / adjustment calculations in the URTI shall be set in the following amounts:
- up to 15 calendar days – 2% of the VAT amount specified in such tax invoices / adjustment calculations;
- from 16 to 30 calendar days – 5% of such amount of VAT;
- from 31 to 60 calendar days – 10% of such amount of VAT;
- from 61 to 365 calendar days – 15% of such amount of VAT;
- for 366 or more calendar days – 25% of such amount of VAT.