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Pursuant to the Bill (Reg. No.3101), mining and smelting and chemical-recovery enterprises are authorized to leave 50 per cent of tax imposed on the income of an enterprise and 70 per cent of duty for pollution of the environment for their disposal at the special account at the bodies of the State Treasury of Ukraine. The funds should be used for financing nature-protection measures and providing proper working conditions.   

 

The Committee members believe that granting of extra tax privileges to certain enterprises violates the key principle of taxation system - equality of all economic entities by payment of taxes and duties (obligatory payments).

 

The Committee members suppose that the Bill fails to envisage "specific measures to be financed at the expense of collected funds, and procedure of control over the target-oriented use of funds".

 

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