This was stated by Dmytro Kysilevsky, Member of Parliament and Deputy Chairman of the Parliamentary Committee on Economic Development.
«We are creating a mechanism in Ukraine that is completely analogous to the one in place in the European Union. It is for those Ukrainian producers and industrialists who are restoring destroyed enterprises, expanding existing ones, or building new ones, so that they can recoup their capital investments through their own taxes. The budget will not lose a single penny on this, because these investments do not yet exist and are unlikely to appear without incentives from the state, so there can be no losses,» the politician noted.
He explained how this approach works.
«Whether you are expanding an existing processing enterprise or restoring or building a new one, once you start operating, certain taxes will begin to accrue. Further, through a series of taxes, it will be possible to compensate for investments in production equipment, engineering and transport infrastructure, land plots and production buildings. Compensation will be provided through income tax, import duties, import VAT on equipment, land tax and property tax,» the MP said.
According to him, decisions on local taxes will be left to the discretion of local authorities.