The Ministry of Finance reported that the proposal of the UAC to cancel the single tax of the 4th group taxpayers for the occupied territories will be processed during the preparation of the next changes to the tax legislation. The corresponding letter with a notification from the Ministry of Finance was received by the Ukrainian Agri Council on August 23.

"The Ministry of Finance of Ukraine considered the joint letter of the Ukrainian Agri Council, the Association of Milk Producers and the Association "Pig Breeders of Ukraine" dated 21.07.2022 No.427 regarding the need to amend subsection 69.14 of paragraph 69 of subsection 10 of the Transitional Provisions of the Tax Code of Ukraine, which would exempt taxpayers from the payment of the 4th group single tax for land plots (land shares) located in the territories where hostilities are (were) conducted or in the territories which are temporarily occupied by the armed forces of the Russian Federation, and informs that the specified proposal will be worked out during the preparation of the next changes to the tax legislation," is stated in the official letter from the Ministry of Finance.

"Amendments from the UAC experts will be included in the draft law, which is currently being developed in the Tax Committee of the Verkhovna Rada," commented Dmytro Kokhan, the UAC Adviser on Cooperation with State Authorities.

The UAC thanks the authorities, in particular, the Ministry of Finance and the Chairman of the Tax Committee of the Verkhovna Rada for supporting Ukrainian agribusiness.