The draft law on foreign exchange liberalization should be represented in the Verkhovna Rada until the end of March 2017. This was announced by the Chairman of the Committee on taxation and customs policy, MP BPP Nina Southerner on his page in Facebook.
“We expect the National Bank of Ukraine of the draft law on foreign exchange liberalization, which will introduce before the end of March 2017,” wrote Southerner.
She added that she has already prepared a package of bills aimed at combating the reduction of the tax base and transfer of income abroad.
In the opinion of the Southerner, the adoption of appropriate legislation will help to improve control over transfer pricing and the elimination of income abroad, adopt rules concerning controlled foreign companies, to eliminate the abuse of the conventions on avoidance of double taxation and to limit the losses on financial transactions with related parties.