Ukraine introduced a minimum tax burden on land
State
The Verkhovna Rada of Ukraine adopted, in general, Law No. 5600 "On Amendments to the Tax Code of Ukraine and Certain Legislative Acts of Ukraine to Ensure the Balance of Budgetary Revenues", introducing a minimum tax burden for the agricultural sector.
The bill was supported by 255 MPs.
It is noted that the purpose of the bill is to create a legal basis for:
- countering tax evasion schemes;
- formation of a transparent competitive environment;
- increasing the efficiency of the use of the country's economic resources.
Let us remind that agrarians and specialized associations are concerned about the new government bill 5600. According to experts, the norms of the document are not aimed at equalizing the norms for everyone, but only at doubling the tax burden on legally working farmers.