Why you should not be afraid reducing of the VAT rate for farmers to 14%

In the column on “Economic Truth”, UAC Deputy Chairman Mykhailo Sokolov explained why reducing of the VAT rate to 14% for some types of agricultural products is a positive step for the agricultural sector.
With the adoption at the first reading of the bill №3656, which reduces the rate of value added tax (VAT) on some certain types of agricultural products from 20% to 14%, its fierce criticism began....