News - Verkhovna Rada Committee on Taxation and Customs Policy recommends Ukrainian Parliament adopt draft law "On introduction of amendments into Chapter XX "Transitional provisions" of Tax Code of Ukraine" (as to peculiarities of taxation during restructure of state and state-secured debt and its partial writing-off) as a basis and on the whole - Verkhovna Rada of Ukraine

Verkhovna Rada Committee on Taxation and Customs Policy recommends Ukrainian Parliament adopt draft law "On introduction of amendments into Chapter XX "Transitional provisions" of Tax Code of Ukraine" (as to peculiarities of taxation during restructure of state and state-secured debt and its partial writing-off) as a basis and on the whole

Information Department
Published on 17 September 2015, at 10:30

On September 16, the Committee members eyed and discussed the draft law No. 3059. The draft law offers to allow lowering of the financial results before taxation by the amount of revenues of taxpayers (specified by the Cabinet of Ministers of Ukraine) being the debtors (borrowers) on foreign loans (borrowings) attracted against state security, serviced and redeemed at the expense of state budget funds. It also offers not to tax nonresidents' incomes deriving from Ukraine, in particular, from operations on offering of state derivatives for nonresidents and incomes paid to nonresidents on state derivatives, in compliance with transactions with the state debt under foreign borrowings and state-secured debt.

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