At March 4 meeting, the Committee members considered the bill under Reg. No. 2049 which stipulates regulating the issue on taxation of non-profit organizations and determining their list.

MPs upheld proposals of the bill, however, voiced several remarks.

The bill does not regulate separate issues connected with income tax of the non-profit organizations.

Moreover, the bill suggests making technical amendments to article 166 on tax relief for charity. Amendments shall also be made to other articles of chapter IV of the Tax Code of Ukraine, particularly, articles 164, 165, clause 170.7 of article 170, and article 179.

MPs believe that the bill can be adopted as a basis provided credit unions are excluded from the list of non-profit organizations.  

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