The Committee on Taxation and Customs Policy recommends that the Parliament should adopt as a basis the draft law to amend the Tax Code of Ukraine regarding change of codification for types of economic activity

Information Department of the Verkhovna Rada of Ukraine Secretariat
21 March 2013, 09:18

The bill (Reg. No. 1246) suggests amending provisions of the Tax Code that include direct referring to classification codes of types of economic activity (KVED DK) of 2005 sample and classification codes of types of economic activity of 2010 sample.

 

Committee members noted that adoption of the suggested changes shall allow for avoiding legal collision as a result of invalidity of classification of types of economic activity KVED DK 009:2005.

 

However, while preparing the bill for the second reading, it should be supplemented with the provision to make respective amendments to the subsection 10 of section XX of “Final Provisions” of the Tax Code”.