Today, the Government has adopted 8 decrees necessary for the implementation of Law No. 1797 “On Amendments to the Tax Code of Ukraine regarding the Improvement of the Investment Climate in Ukraine” which is a part of the anti-corruption package of amendments in the tax regulations.
In the last three months, the Ministry of Finance approved and submitted for examination a number of regulations. In total, the Ministry of Finance had to prepare and approve 16 decrees of the Cabinet of Ministers. So far, the Government has already adopted 10 decrees; 2 draft decrees submitted to the Cabinet of Ministers are being prepared for examination by the Government committee, 2 draft decrees need to be discussed, 2 more decrees are considered to be too much ahead of time.
The adopted decrees include regulations on the maintenance of the Register of applications for reimbursements from the state budget and electronic VAT administration, on the procedure of cross-checks by controlling authorities etc.
The creation of a transparent and fair tax system is the key priority of the Government for 2017.