State Fiscal Service, Ukrnafta engaged in tax debt recovery litigation

12:09, 21.01.2016 1 min read

The State Fiscal Service of Ukraine and PJSC Ukrnafta have been in litigation at the Higher Administrative Court over the legality of distraint of the company's property caused by delinquent taxes, the fiscal service's press service reported.

"Ukrnafta has been taking measures to protract the process of tax debt collection and block all attempts by the State Fiscal Service to recover the debt through court. In particular, the company challenged the State Fiscal Service's tax claim and decision to impose tax lien on the company's property. The process of tax debt recovery is under way. Now the case is being considered by the Higher Administrative Court," the report said.

As reported, the State Fiscal Service conducted an inventory of Ukrnafta's property to the tune of UAH 9.3 billion in September 2015.

At present, Ukrnafta's delinquent taxes exceed UAH 10.2 billion, while its accounts receivable are estimated at more than UAH 18 billion.