Poroshenko approved amendments to the Tax code

The President of Ukraine Petro Poroshenko has signed the law “On amendments to the Tax code of Ukraine concerning improvement of investment climate in Ukraine”. About it reports a press-service of the head of state.

“In connection with the adoption of this law the tax Inspectorate at the district level will become out of control and Supervisory bodies in the Advisory. This is very important. Such we should see the tax office, when an entrepreneur turns there and gets advice. There are no “masks-show”, any corruption schemes”, – said Poroshenko.

Poroshenko expressed confidence that the fast implementation of this law will significantly improve the investment climate in the country.

The President also noted that now the control function of tax inspections remain at the regional level. “This means a significant increase in the level of competence and professionalism. By the way, this also significantly reduces the number of inspections and inspection bodies”, – he said.

Law are also exempt for three years from any checks of newly established enterprises, if they earn less than 3 million UAH.

“A very important step – we pass the access to registers of reimbursement of value added tax the Ministry of Finance,” the President added. – This tax, which at all times was a symbol of corruption, is finally beginning to play its effective role filler of the state budget”.

According to Poroshenko, the steps for administering income tax, value added tax, single social contribution, tax on income of physical persons and many others, we are creating a radically different tax and investment climate.

“In the near future, when this law after the signing will be announced and put into effect, we will have a qualitative change in the investment and tax climate,” – said the President.

In turn, the Chairman of the Verkhovna Rada Committee on taxation and customs policy Nina Southerner thanked the President for his understanding and support, which has allowed us to implement the Law all positions worked more than a year.