VAT refunds debt to UIA 6% repaid

17:51, 05.01.2016 1 min read

Ukraine International Airlines (UIA, Kyiv), the largest airline in the country, in December 2015 received UAH 7.966 million as reimbursement for VAT, the State Treasury Service of Ukraine has said.

At the same time, the press service of the air carrier told Interfax-Ukraine that as of December 2015 VAT refunds arrears to UIA came to UAH 138 million.

The company confirmed it received about UAH 8 million of compensation in December.

Thus, the airline was compensated for a mere 5.8% of the debt on VAT refunds.

According to UIA, the outstanding debt on VAT refunds (UAH 130 million) is part of the debt for 2014 and the entire year of 2015.

The airline noted that the probability of VAT refunds for 2014 is practically zero.

Earlier, UIA President Yuriy Miroshnykov in an interview with Interfax-Ukraine voiced the problem of reimbursement for VAT to the company.