Tax authorities prepare reports for entrepreneurs

Starting from January 1, 2024, tax authorities will have the ability to generate reports on value added tax (VAT), turnover tax, property tax, and land tax for legal entities, upon request from entrepreneurs.

In accordance with the decision of the Cabinet of Ministers regarding the creation of specific tax reports by tax authorities, these documents are automatically generated.

According to the document, data is sourced from internal channels, such as the taxpayer's tax and financial statements, electronic invoices, online cash registers, online checks, and other relevant sources. External sources, including systems from other government agencies, are also utilized in the report preparation process.

The report will be accessible in the taxpayer's personal office, where either the taxpayer or an authorized representative must verify its accuracy and completeness. If necessary, they can request a document revision and subsequently submit it to the tax authorities.

To address any technical errors in sales receipt issuance, corrections can be made until the 10th day of the following month. This opportunity extends from October 20th through the end of the reporting period.