The Cabinet of Ministers of Ukraine will submit for consideration of Verkhovna Rada the draft law on amendments to the Tax code regarding the revision of rates of some taxes. The decision was taken today at a government meeting, the correspondent of ЛІГА.net.

According to Finance Minister Alexander danyluk, the Cabinet of Ministers annually submit to the Parliament a draft law on amendments to the Tax code concerning the rates of taxation specified in absolute values and taking into account the consumer price index, producer price index of industrial products. “This excise tax, environmental tax, rent payment. This is what proposes to do,” he said.

Danyluk added that this will lead to the receipt of additional funds in the consolidated budget in 2017 to $ 5.2 billion.

We will remind, earlier danyluk said that increasing tax rates is not planned. When told that the Finance Ministry proposes to introduce tax holidays for small businesses for a period of 5 years.

The Cabinet approved the increase in excise 24.08.2016

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