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Government to review taxation system for gas production companies
Journal Staff Report

KIEV, April 10 – The Ukrainian government will review the system of taxation of gas production companies irrespective of their form of ownership.

This is stipulated in the draft guidelines of Ukraine's budget policy, or the budget resolution, for 2016, which was tabled by the Cabinet of Ministers in parliament.

Among the other priorities which require amendments to the current Tax Code is the introduction of indirect methods of control over income and spending of individuals, the transfer of agribusinesses to the standard taxation system with VAT, and amendments to laws to ease pressure on the payroll fund to retrieve wages and salaries from the shadows.




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