Ihor Kalyetnik: Amendments to the Tax Code shall exclude tax benefit schemes and protect rights of home producers

Press Service of the First Deputy Chairman of the Verkhovna Rada of Ukraine
20 December 2012, 14:48

Ihor Kalyetnik: Amendments to the Tax Code shall exclude tax benefit schemes and protect rights of home producers

 

Broad public discussion involving nongovernmental organizations, business, and people’s deputies regarding submission of a number of legislative initiatives before the beginning of the second session of the Parliament is planned to be held in the Verkhovna Rada of Ukraine. Such initiatives shall ensure amendments to the Tax Code that would guarantee fair and competitive possibilities for home producers.

 

This was said by the First Deputy Chairman of the Verkhovna Rada of Ukraine Ihor Kalyetnik.

 

He noted that these initiatives shall, on the one hand, aim at creating maximum favorable conditions for small and medium size enterprises, and on the other – eliminate the use of existing gaps in legislation to enrich dishonest businessmen.  

 

Since a significant part of business is in the shadow now, different tax avoidance schemes are used, particularly, that of using tax benefits.

 

“We are paying great attention in this direction today. There are respective agreements with the Ministry of Finance and the Head of the Tax Service. We have heard each other and we will settle these issues jointly. Since this is the small and medium size business that shall serve the basis for creation of new job places and payment of respective taxes to the budget, there should be the possibility for predictable and stable development. Fiscal pressure and everyday checkups do not promote it in any way. And we will speak about it out loud,” Ihor Kalyetnik noted.