The Committee on Taxation and Customs Policy recommends that the Parliament should adopt in the second reading and in entirety the draft law “On amendments to the Tax Code of Ukraine” (re refinement of procedure concerning finance bills)

Information Department of the Verkhovna Rada of Ukraine Secretariat
11 June 2013, 16:43

The bill (Reg. No. 2847) suggests “impose time limits on the existing VAT budget reimbursement mechanism using treasury finance bills, as well as ban use of treasury finance bills during automatic budget reimbursement”.

32 suggestions were received from the subject of legislative initiative, 11 of which were included, 3 were included partially, 3 were included essentially and 14 suggestions were rejected.

It was noted that the suggestions that were taken into account did not essentially change the bill adopted in the first reading.