News 2 - The Committee on Taxation and Customs Policy recommends that Parliament should adopt as a basis the draft law “On amendments to article 154 of the Taxation Code of Ukraine re stimulating infant food production” - Verkhovna Rada of Ukraine

The Committee on Taxation and Customs Policy recommends that Parliament should adopt as a basis the draft law “On amendments to article 154 of the Taxation Code of Ukraine re stimulating infant food production”

Information Department of the Verkhovna Rada of Ukraine Secretariat
Published on 06 June 2013, at 17:08

The bill (Reg. No. 2406) suggests new version of clause 154.2 of article 154 of the Code that presupposes release from income taxation, received from infant food products.

The Committee Members stressed that such form of tax remissions takes the form of indirect financing of business entity through budget tax payments that are not received by the Budget.

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