28/10 17:02 Tax and Accounting Committee - EBA Western Ukrainian Branch

was held at the EBA office in Lviv. Participants discussed current work of companies’ financial departments in financial crisis and new possibilities of cooperation with banks.

The participants stressed that the financial crises affected companies’ work: orders and sales reduced twice. Besides, several banks slow down bill payments. Nevertherless, the management of companies do not have any intention to dismiss employees.

The participants also discussed the situation with bank deposits. Companies do not intend to withdraw money from their deposit accounts, but they follow any changes very attentively.

The participants discussed VAT refund and cooperation with the Tax Administration too.