News 2 - The Committee on Taxation and Customs Policy recommends that the Parliament adopts as a Basis the Bill on Amendments to Article 4 of the Law "On Tax imposed on the Owners of Vehicles and other Self-Propelled Machines and Mechanisms" (re Tax Benefits for Technical Educational Establishments) - Verkhovna Rada of Ukraine

The Committee on Taxation and Customs Policy recommends that the Parliament adopts as a Basis the Bill on Amendments to Article 4 of the Law "On Tax imposed on the Owners of Vehicles and other Self-Propelled Machines and Mechanisms" (re Tax Benefits for Technical Educational Establishments)

Published on 02 June 2008, at 11:02

The Bill (Reg. No. 2353) exempts budget-funded vocational schools in public and municipal ownership from tax imposed on the owners of vehicles and other self-propelled machines and mechanisms, in case such vehicles are used with training purpose.

Adoption of the Bill will enhance proprietary security of vocational schools, since the funds paid as a tax imposed on training vehicles will stay in the said establishments.

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