Good day! Here is a brief overview of the order of the Ministry of Finance of Ukraine regarding changes to the form of the corporate income tax return.
1. **Essence of the Law:**
The order introduces changes to the form of the corporate income tax return to reflect transactions related to potential bribery of foreign officials. These changes aim to ensure transparency and compliance of tax accounting with international anti-corruption standards.
2. **Structure and Main Provisions:**
The order approves changes to the declaration form, which include:
* Supplementing line 10 “Special marks” with information on clarifying calculations related to the detection of facts of possible bribery of foreign officials.
* Adding new lines (45, 46, 47) to reflect the amount of increase in tax liability, as well as the amounts of penalties applied in connection with the submission of the clarifying calculation.
* Making changes to the appendices, in particular, appendices РІ and ДІЯ, to reflect expenses and transactions that may be related to the provision of undue benefits to officials.
3. **Key provisions for use:**
The most important provisions are the introduction of new lines in the declaration and appendices, which allow taxpayers to clearly identify and reflect transactions that may be related to corruption. This avoids misunderstandings with regulatory authorities and ensures that tax reporting complies with legal requirements.
