Procedure for monitoring large taxpayers

1. During the monitoring of large taxpayers, the authorized body has the right to demand from taxpayers subject to monitoring of large taxpayers the submission of documents and written explanations confirming the correctness of tax calculations and the timeliness of payment (withholding and transfer) of taxes and payments to the budget, as well as the financial statements of the taxpayer ( tax agent), including the financial statements of its subsidiaries.

Moreover, this requirement must be fulfilled by taxpayers subject to monitoring of large taxpayers within thirty calendar days from the day following the day of delivery of the requirement.

2. If violations and discrepancies are identified based on the results of monitoring large taxpayers, the authorized body shall notify the taxpayer subject to monitoring of large taxpayers about them.

In this case, the taxpayer subject to monitoring of large taxpayers is obliged to provide a written explanation within fifteen calendar days from the day following the day of delivery (reception) of such notice.

In case of disagreement with the explanation provided, the authorized body has the right to invite such a taxpayer, subject to monitoring by large taxpayers, to discuss the issues that have arisen with the presentation of additional documents and explanations.

Based on the results of consideration of the monitoring results, the authorized body makes a reasoned decision in writing, which is sent within two working days from the date of its issuance to the taxpayer subject to monitoring of large taxpayers.

A taxpayer subject to monitoring by large taxpayers shall submit a notice of agreement with the decision within five calendar days from the date of its receipt.