SYSTEM OF TAX DOWNLOAD MANAGEMENT
The Tax Code of Ukraine defines the powers and functions of controlling bodies when collecting a tax debt.
In particular, the Tax Code of Ukraine:
- outlines sources of payment of monetary obligations or repayment of tax debt
- the content and the right of tax collateral are identified
- the procedure for the appointment and dismissal, and the functions of the tax administrator
- the order of coordination of operations with pledged property and terms of termination of a tax pledge are marked
- requirements for the procedure for describing property in a tax pledge and selling it
- provides for the possibility of installment and deferral of monetary obligations or tax debt
Effective use of tax debt management tools by combining them into a common tax debt management system will enable the Company to overcome temporary financial difficulties