Simplified system of taxation reform

Simplified system of taxation reform
19 November 2009
Meeting of the VR Committee on Tax and Customs Policy

     Artem Rudyck, head of IBSER Tax Policy and Monitoring Department, participated in the meeting devoted to the discussion of the directions of simplified system of taxation reform that was held on November 2009 in the Verkhovna Rada Committee on Tax and Customs Policy. The representatives of VR Committee, the Ministry of Finance of Ukraine, State Committee of Regulatory Policy & Entrepreneurship, Pension Fund of Ukraine, State Tax Administration, Association of Ukrainian Cities and others also participated in the discussion. 
     The discussion was focused on defining the criteria of small businesses, list of taxes and fees covered by the presumptive tax, which budget the presumptive tax proceeds should go to, reconciliation of the legislation on simplified tax system with other parts of Ukrainian legislation. 
     It was decided to review the proposed Concept of the simplified system of taxation reform and within the one-week term to prepare a reconciled variant of the Concept.