Instead of reporting, the controlling authorities will be able to use the information from tax declarations provided by such entities to account tax privileges.

Therefore, information about the amount of tax privileges in the tax reporting should contain the following data:

- the code of the privilege for each type of tax privilege, the naming of privileges in accordance with the directory of privileges approved by the SFS;

- the amount of tax (duty) not paid to the budget in connection with the receipt of tax privilege (tax-free funds);

- the term of tax privilege in the reporting period is the number, month, year of the beginning and end of the use of privileges. In case when the period of use of tax privileges is established before the beginning of the reporting period and continues after its expiration, such term coincides with the date of beginning and end of the specified period;

- the amount of the tax privilege used for the intended purpose - the amount of privileges for payments in accordance with the directory of privileges in the case of the targeted use of tax privileges.