The Committee on Taxation and Customs Policy recommends that the Parliament should adopt as a basis and in entirety the draft law “On amendments to the Tax Code of Ukraine re refinement of taxation of preferential categories of population receiving domestic fuel according to the Mining Law of Ukraine”

Information Department of the Verkhovna Rada of Ukraine Secretariat
17 May 2013, 14:01

The bill (Reg. No. 2841) suggests including into the expenses that are taken into account when calculating the object of taxation not only the cost of coal and coal briquettes, as stipulated by the existing provision of the Code, but also the cost of peat briquettes that are provided to citizens free of charge in the amount and following the list of professions established by the Cabinet of Ministers. 

Adoption of the bill “shall allow overcome negative socio-economic consequences of liquidation of coal mining and coal processing enterprises and provide the possibility to decrease state budget expenses on liquidation of coal mining and coal processing enterprises”.