The Cabinet has made changes to the tax code

The bill provides for the introduction of a unified form of information on rates and benefits local taxes and fees, and procedure for its granting regulatory authorities.

Кабмін вніс зміни до податкового кодексу

The Cabinet of Ministers of Ukraine approved the Ministry of Finance developed the bill “On amendments to the Tax code of Ukraine concerning improvement of the administration of local taxes and fees”, informs Rus.Media.

About it reports a press-service of the Ministry of Finance.

The adoption of this bill will allow to provide information to regulatory authorities in electronic form for further automation and filling data base of the State fiscal service (SFS). The report notes that at present local authorities make the decision about establishment of local taxes and fees in the respective territories (except property tax) in any form that excludes the systematization of local tax rates and fees, and, accordingly, the populating of the DFS.

In this regard, the bill proposes to repeal the duty of local authorities every year to take decisions on establishment of local taxes and fees.