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Finance ministry promises to speed VAT reimbursements next year
Journal Staff Report

KIEV, Aug. 12 – Ukraine's Finance Ministry plans to streamline the automatic reimbursement of value-added tax starting January 1, 2011, when budget revenue picks up, said Deputy Finance Minister Tetiana Yefymenko.

Deputy Prime Minister Serhiy Tyhypko earlier said that as of September, Ukraine should start to automatically reimburse VAT to transparently operating companies.

"We should make VAT refunding automatic and transparent as of January 1," Yefymenko said.




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