31 July 2014, 13:00
The draft law suggests: abolishing privileged corporate income taxation of profit of subjects of hotel activity and energy enterprises that produce electric energy exclusively out of renewable energy sources;
limiting privileged corporate income taxation of joint investment institutes;
abolishing taxation at a reduced income rate (10%), received from transactions with securities and derivatives;
abolishing VAT exemption of transactions in supply of timber, fuel wood and wood waste;
introducing taxation of alternative fuels;
introducing a new temporary nationwide military tax until January 1, 2015, etc.
It is also suggested amending several legislative acts of Ukraine regarding granting the government the right to establish proportions for distribution of a single social fee between social insurance funds and enshrining the provision that the Cabinet of Ministers of Ukraine shall approve the budgets of mandatory state social insurance funds.
The respective bill was registered under No. 4309a.