The Committee on Taxation and Customs Policy recommends that the Parliament adopts as a Basis the Bill on Application of Common Prices whilst performing Tax Control, submitted by the Cabinet of Ministers of Ukraine

15 May 2008, 09:21

The Bill (Reg. No.2234) improves the procedure of establishing common prices in order to enhance efficiency of tax control over accurate assessment of tax liabilities. 

 

The Bill defines the field of application and methods of establishment of common prices.

 

Thus, the Bill defines specific methods of establishment of common prices that are exploited world-wide.

 

However, the Committee members believe that regulations of the Bill should be laid out in the form of amendments to the Law "On Repayment of the Taxpayers´ Obligations to the Budgets and State Target Funds" and to other laws on taxation, regulations of which appertain to common prices.