The "Ukrainian Agri Council" Public Union joined the flashmob in support of the draft law #8557 on the tax on withdrawn capital with the requirement for its early adoption.

"There is nowhere to go - it is necessary to provide the maximum support for the introduction of the tax on the withdrawn capital. It is no longer possible to postpone the display of his civic position," said Mikhail Sokolov, deputy head of the UAC, urging everyone to join the flashmob.

At the same time, the UAC emphasizes that the law does not necessarily have to come into force on January 1, 2019, this date can be postponed until 2020. But it must be adopted as soon as possible and apply to absolutely all companies without exception, and not just small and medium businesses. And first of all, to work to stop non-tax deductions from the country.

The model laid down in the idea of ​​introducing a tax on withdrawn capital, aimed at shadowing the economy, equal taxation and stimulating the inflow of investment in Ukraine. Due to its introduction in a few years, tax revenues to the budget will increase dramatically, which will lead to rapid GDP growth.

It should be noted that UAC participated in the elaboration of the bill No. 8557 on the replacement of income tax with the tax on the withdrawn capital. President of Ukraine Petro Poroshenko in July 2018 brought him to parliament.

The tax on the withdrawn capital assumes that the business will be able to invest 20% that were previously paid by the state to the development of its company. A fixed rate of 15% was foreseen for foreign investors, whereas the tax burden on enterprises could now be up to 25%.

 

Thursday, 1 November 2018

 

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