The state fiscal service (GFS) in 2017, reduced the debt on the overpayment of tax on profit from 20 billion to 14 billion UAH, reported the acting head of the service Miroslav Sold.

“If such dynamics will be maintained in the next year, by the end of 2018 we will reduce this debt to zero”, – he wrote on his page in Facebook.

M. Prodan explained that it was done due to increased accruals for income tax due to shadowing. In particular, a threefold decrease in the number of taxpayers who declared the income at the level of costs, and 25% – the number of unprofitable enterprises.

The head of the SFS said that the Agency will never return to the previous practice, when due to the overpayment of income taxes simulated execution of the plan.

As reported, the GFS proposed in the budget to fix the direction on the repayment of the debt for the overpayment of income tax funds from the special confiscation, but this initiative has not found support .