We are thrilled to announce that according to the State Tax Service of Ukraine RENOME SMART and SMART CORP companies have been included in the List of Taxpayers with a High Level of Voluntary Compliance with Tax Legislation, which has the informal title White Business Club.
From now on, the List will be formed quarterly, and its members will get numerous advantages in the administration of taxes, fees, and payments. In particular, this is a moratorium on most documentary audits, reduced audit deadlines, prompt individual tax consultations and a personal compliance manager at the State Tax Service.
«Through responsible tax payments and transparent practices we support the economy, fund social programs, and help develop infrastructure,» shared Yulia Tarasenko, CFO of RENOME SMART. «This is both our responsibility and an investment in a stable future. Due to this, we have gained the trust of partners, clients, and employees who know that they work for a company where everything is transparent».
A company must meet multiple criteria, depending on the tax system, to become a member of the White Business Club. For example, concerning Diia.City residents, the State Tax Service analyzes whether the company’s level of tax payments is equal to or exceeds the average among other residents.
Danylo Hetmantsev, Chairman of the Verkhovna Rada of Ukraine Committee on Finance, Tax and Customs Policy, reported that 8.2 thousand taxpayer companies were automatically included in the List, and in general, Club members pay 16.6% of the total budget revenues.
«We believe that honest business is not only about rules but also about reputation, trust, and confidence in the future. Together, we are building a strong economy that benefits everyone: business, society, and our country,» added Yulia Tarasenko.