The Committee of the Council supported the draft law on the abolition of the 2% tax for FOP

An increase in tax revenues is a condition for the approval of a new support program from the IMF.

Institute for Economy Leadership

The Committee of the Council supported the draft law on the abolition of the 2% tax for FOPs

 

The draft law is planned to be considered by the Verkhovna Rada this week.

 

Deputies are expected to return the previous tax scheme from July 1.

 

In addition, the draft law proposes to cancel tax benefits for FOP groups 1 and 2, restore documentary checks and return fines for not using the registrar of settlement operations.

 

Increasing tax revenues is a condition for approval of a new support program from the IMF.

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