N.Korolevska, Committee Chairman, stated that the
bill (Reg. No. 7037) provided temporary tax holidays for sole proprietors conducting
economic activity without assistance or involvement of employees.
The Committee members agreed to the conclusions of the Central Scientific Experts Office of The Verkhovna Rada of Ukraine Secretariate as to the necessity of adjusting the bill.
The documents attached to the bill fail to present estimations of possible losses of the budget and the Pension Fund of Ukraine after implementation of the bill, which contravenes the applicable legislation of Ukraine.
Under clause 1 of the bill, the definition ‘tax payers´ and requirements for ‘tax holidays´ shall extend only onto ‘the sole proprietors conducting economic activity without assistance or involvement of employees.´
The Ministry of Finance shall assess the influence of the bill on the budget revenue and expenditures, giving the recommendations as to its adoption and enactment, as stated by item 2 of part 2 of clause 27 of the Budget Code.