Ukrainian government to cancel the VAT privileges for agrarians
The International Monetary Fund plans to recommend the Government of Ukraine to cancel the VAT privileges for agrarians and provide them with the standard tax regime.
It is to be proposed in the end of September within the regular Ukrainian economics evaluation, since the end of May, 2014.
Previously, the IMF stated the VAT privileges cancellation for grain exporters allows to accumulate in the budget nearly 0.3% of GDP. At the same time, in April, the Head of the Ministry of Agrarian Policy and Food of Ukraine, Igor Schwayka mentioned that in 2015 in the Ukrainian state budget there will be kept the regime of the VAT special taxation for agrarians.
Meanwhile, according to the data of the Agrarian Associations if the Government introduces the tax privileges' cancellation for agrarians, the last ones will incur losses at the amount of 19 bln UAH.
You should be authorized to post comment
Ukraine: grain harvest in standard weight to reach 64 mln tonnes – Ministry of Agrarian Policy
Ukraine: high moisture content of sunflower seed not to affect the work of oilseed processing enterprises
Ukraine: growth of prices for sunflower oil
Ukraine increased the exports of organic wheat
Ukraine increased the exports of malting barley
December 8, 16:45
Ukraine: Chernomorsk port to construct a grain terminal – Ministry of Infrastructure
December 8, 16:15
Ukraine: in 2016, capital investments in the agriculture to increase – expert
December 8, 10:15