The Bill (Reg.No.1033-2) proposes to amend the current Law by including the families of deceased coal miners, (who enjoyed the right to a supply of free coal for household needs), receiving Retirement Benefit as a result of the loss of the main earner, into the List of Taxpayers whose income is excluded from the overall monthly or yearly taxed income from the coal received free of charge.

 

The Sponsor of this Bill. People´s Deputy, V. Turmanov, noted that these amendments aim to eliminate the conflict between Clauses 43 and 48 of the Mining Code of Ukraine, and Clause 3 of the Law, ‘On Income Tax of Natural Persons´, as persons attributed to privileged categories, as regards the supply of coal, in one Law, are not attributed to such in the other Law.

 

Committee members also deliberated on the Bill on amendments to the Law ‘On Income Tax of Natural Persons´ (appertaining to taxation of monetary compensation of the cost of the coal). This Bill (Reg.No.1033-1) proposes to relieve from taxation the amounts of monetary compensation for the coal, given out free of charge to the coal miners and processors in mining companies for their household needs.

 

Committee members noted that the implementation of this proposal will decrease receipts to Local Budgets. As Clause 155 of The Standing Orders of The Verkhovna Rada of Ukraine requires that any Law affecting budgets for the current year by decreasing receipts and/or expenditures, can only be adopted if the respective amendments are at the same time made to the State Budget of Ukraine for the current year. The Bills at issue should therefore be forwarded to the Ministry of Finance for expert assessment of their impact on the budgets, and comments as to the expediency of their adoption and the date of their implementation.

 

Committee members also discussed a Bill (Reg.No.1033), ‘On Natural Persons´ Income´ (appertaining to the non-taxation of free of charge coal provided for household needs). This Bill proposes to extend the numbers of those receiving free coal and coal cakes, the cost of which is not included in the taxed income. They supported the Sponsor´s idea to improve the social protection of a wide range of coal-miners and processors, and their families, but at the same time advised the need of a better financial and economic substantiation of this Law, and in particular the socio-economic outcome of its adoption.

 

As a result of these discussions, Committee members resolved to recommend that Parliament adopts the Bill No.1033-2 at the First Reading, and that provisions of the Bills Nos 1033 and 1033-1 are taken into consideration in preparation of the first Bill for the Second Reading.

 

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