The Committee on Industrial and Investment Policy upholds the draft law “On amendments to article 140 of the Tax Code of Ukraine” re peculiarities of stimulating enterprises”

Information Department of the Verkhovna Rada of Ukraine Secretariat
20 November 2013, 16:25

 
The bill (Reg. No. 2085a) suggests when determining object of corporate income tax take into account expenses of a tax payer (apart from capital that are subject to amortization) for maintenance and exploitation of healthcare institutions, preventive measures and assistance to employees, employees’ recreation centers, redevelopment and planting institutions, zoological parks and bath houses that were on the balance sheet of a tax payer as of July 1, 1997 but were not used for the purpose of income generation.

Implementation of bill provisions will create preconditions and stimuli for further participation of a private sector in the development and maintenance of social objects.