The Committee on Taxation and Customs Policy recommends that the Parliament should adopt as a basis the draft law “On amendments to the Tax Code of Ukraine” (re establishing the consolidated group of tax payers)

Information Department of the Verkhovna Rada of Ukraine Secretariat
21 November 2013, 17:28

 
The bill (Reg. No. 2737 refined) introduces the institute of consolidated group of income tax payers in order to simplify the pricing policy on sales of goods within the group of tax payers by providing participants of the group with tax preferences when administering the tax.   

The bill stipulates that the consolidated group can be established by tax payers if one of the participants of the group either directly or indirectly owns more than 70 per cent of the sum of the statutory capital.

The document establishes criteria that the future participants of the consolidated group should correspond to.