Business is again being prepared to “compromise”

By September, the Ministry of income and charges of Ukraine intend to prepare a package of bills on the most pressing issues of taxation, including – taxation of currency trade, a single tax rate reduction and the introduction of compulsory declaration of income. This was announced during a press conference by the Minister of income and charges of Ukraine Oleksandr Klimenko, The Economist reported.

 He promised that the final decision would be a compromise between the tax authorities and business. 

Recall that the State Tax Service, which became part of the Ministry of income and charges, was ready to implementation of total declaration of income back in October 2012. However, the Minister of income and taxes Klimenko noted that the practice of total income declaration may be introduced in 2014, when relevant services will have thoroughly examined the best practices in this area.