In order to improve conditions for conducting business in Ukraine, increase indices of Ukraine in international ratings and increase budget revenues, the bill suggests amending the Tax Code of Ukraine.
It is particularly suggested to decrease a number of taxes and duties from 22 to 9.
The bill suggests continuing by December 31, 2017 operation of norms on exemption of operations on supplying on the customs territory of Ukraine and exporting in the customs regime grain and industrial crops, except for agricultural manufacturing enterprises, from VAT.
The bill stipulates simplifying the taxation system, accounting, reporting, and amending the Tax Code, Code of Ukraine on mineral resources, Water and Forest Codes, Code of Ukraine on Administrative Infringements, Criminal, Criminal Procedural and Civil Codes, Code of Administrative Procedure, Budget Code, and several laws.
The Committee suggests excluding clauses 27, 9 and 86 of chapter I and some other provisions from the text of the bill.
The bill was registered under No. 1578.