The Committee considered the bill to amend the Tax Code of Ukraine (re changing tax and levy rates) (Reg. No. 10687), submitted by people’s deputy V. Khomutynnik, and the bill to amend the Tax Code of Ukraine (re reconsideration of several tax and levy rates due to inflation rate) (Reg. No. 10687-1), submitted by people’s deputy A. Klymets.

The bills stipulate indexation with consideration of predicted index of consumer prices and with consideration of predicted index of industrial products prices. In addition, it is proposed to change the amount of excise tax for petroleum products and automobiles from Euro to Hryvnia, as the indexes of consumer prices are determined in relation to indicators in national currency.

By results of discussion, members of the Committee supported the bill under Reg. No. 10687.

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