23 December 2015, 10:15
The Committee members examined the draft law No.3688 at a meeting on December 22.
The draft law is aimed to improve provisions of the Tax Code and other legislative acts of Ukraine directed at creating conditions for increasing revenues to the budget and ensuing balance of the budget for 2016, as well as improving administration of taxes.
The draft law proposes the entry into force of these novelties from the date of the entry into force of the Law of Ukraine "On the State Budget of Ukraine for 2016."
Introduction of new excise tax rates on alcoholic beverages, which are subject to labeling with excise stamps, is offered from the first day of the third month from the day of this law’s entry into force. This is due to the need to order and manufacture new excise stamps.
The draft law offers to introduce provisions concerning the powers of unified territorial communities to participate in tax relations, including the introduction of local taxes and duties, provision of tax incentives, and to partly change the ground for carrying out a documentary unscheduled inspections in the part of exclusion of inspecting violations of tax legislation and also following audits of other taxpayers.
The document proposes to create a Register of applications for budget refund, data to which will be included in chronological order of submission of applications and the return of agreed amounts of budget refund will be made in chronological order according to the priority of inclusion to the Register of applications for budget refund.
The draft law also proposes to amend the laws of Ukraine "On the collection and accounting of a unified tax for mandatory state social insurance," "On Customs Tariff of Ukraine," "On State Registration of Legal Entities and Individual Entrepreneurs," "On Duty on the Mandatory State Pension Insurance."
In respect to the need to finance the enforcement of the Law "On the State Budget of Ukraine for 2016," the Committee decided to recommend that the Verkhovna Rada adopt the draft law as a basis and as a whole, taking into account the proposals of the Committee.