The bill (Reg. No. 2050) suggests amend the Tax Code of Ukraine. Particularly, it is suggested exempt higher educational establishments from paying land tax and from profit taxation. 

The Committee Chairperson Liliya Hrynevych noted that “the idea of broadening possibilities of higher educational establishments meets aspirations of the Committee”.

Attention was attached to the fact that the bill suggests:

support Ukrainian and foreign benefactors in their wish to help develop Ukrainian higher educational establishments by exempting from VAT tax certain types of commodities that are imported to the customs territory of Ukraine and are required for educational and scientific activity;

exempt higher educational establishments of private ownership from income taxation, received in the result of provision of educational services;

increase VAT privileges for higher educational establishments;

exempt all higher educational establishments form payment of a land tax; etc.

 

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