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Business associations will prepare proposals on tax reform until 27th August .

Business associations will prepare proposals on tax reform until 27th August .

Posted in News.

This decision was taken as part of the All-Ukrainian Forum on tax reform which introduced a new concept of tax changes.

Among the main requirements for tax reform, voiced at the forum – reducing the load on the wage fund; simplification of VAT administration; development of electronic services and the creation of so-called electronic classrooms, while reducing the number of employees of the tax system.

According to experts, to exit from the current crisis in the economy requires large-scale tax reform, based on the cooperation of the Ministry of Finance, private entrepreneurs, public organizations and business associations.

Final proposals of business associations and non-governmental organizations will be transferred to Ministry of Finance of Ukraine on 27th  August. For this purpose, within three days will be established, the generic resolution forum participants.

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