Ukraine: cancellation of tax benefits for agrarians can make the industry unprofitable – L.Kozachenko
In the case of adoption of the draft law "On amendments to the Tax Code of Ukraine and some other legislative acts of Ukraine" (registration number 4309a) by the Verkhovna Rada, the agricultural industry of the country may become unprofitable, declared Leonid Kozachenko, President of Ukrainian Agrarian Confederation, on July 22.
According to him, last season grain production showed rather low profitability indices, and adoption of the reporting draft law can make grain growing unprofitable.
L.Kozachenko explained that reforming of the tax system should be realized in gradual mode, with discussing of the issue with experts and key players of the market.
You should be authorized to post comment
Ukraine: costs for agricultural commodities production grew by 53.1% - State Statistics Service
Ukraine: Odessa port resumes cooperation with the Marseille port
Ukraine: law on imposition of additional import duties came into force
Space monitoring agricultural production: Effective prognostic instrument
Ukraine: US investment fund became the new shareholder of Container Terminal Ilyichevsk
World market trends and the domestic crisis influence the Ukrainian grain market – expert