The bill (Reg. No. 4930) is aimed at improving the tax system, establishing a dialogue between the state and tax payers on ensuring revenues of taxes, levies and payments to the budget, etc.
Particularly the bill suggests exempt tax payers from financial, criminal and administrative liability in case of voluntary payment of 15% of understated tax liability of the corporate income tax and/or VAT (for tax periods until January 1, 2014).
According to the bill, the procedure of reaching a tax compromise should last for 60 days since the day of the law coming into force.
In words of the Committee’s Chair Vitalii Khomutynnik, the bill requires refinement in the part of complying its norms with the legislative acts of Ukraine.
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