The Committee on Agrarian Policy and Land Relations recommends that the Parliament adopts the Bill "On Amendments to certain Laws of Ukraine regarding Activity of the Non-Profit Organizations" at the Second Reading

04 December 2009, 10:16

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The Bill (Reg. No.4563) envisages the amendments to the Laws "On Taxation of the Enterprises Income", "On agricultural Cooperation", "On Farming." The Bill was drafted to secure State assistance to the agricultural servicing cooperatives and recognize them as non-profit organizations. 

 

During the sitting of the Committee it was declared that 12 amendments were directed from the People´s Deputies while elaborating the Bill for the second reading, half of which were taken into the consideration.

 

Pursuant to the Bill, "a non-profit nature of activity of agricultural servicing cooperatives is an economic basis for the consolidation of individuals who are agricultural producers, enhancement of their efficient activity, provision of the sale of production and its processing".