Unfortunately, your browser does not support our website's current technology. Please use Microsoft Edge, Google Chrome, Mozilla Firefox or Apple Safari.

The American Chamber of Commerce in Ukraine Urges the Parliament to Take into Account All Business Community’s Proposals to Law #466

The American Chamber of Commerce in Ukraine Urges the Parliament to Take into Account All Business Community’s Proposals to Law #466

The Draft Law #2524 amending the Tax Code is included for consideration in the second reading at today's special Parliamentary session. The Draft Law contains amendments that partially reduce the certain negative impact of the previously adopted Law #466.

AmCham members' experts emphasize the importance of taking into account all crucial proposals from the business:

  • to provide a concise and clear for taxpayers algorithm for determining a reasonable economic cause (business purpose)
  • to exclude the introduction of "constructive" dividends
  • to abolish changes in the rules of "thin capitalization", including interest deductibility limitation
  • other proposals, namely taxation of metallurgical, mining and tobacco industries

The American Chamber of Commerce in Ukraine urges the Parliament of Ukraine to consider all the submitted by the business community proposals as such that will make the tax legislation of Ukraine more effective.

Official Service Providers