companies and markets

Bankers harsh on tax code bill

16.07.2010 | kyivweekly.com.ua

The Association of Ukrainian Banks considers increasing the profit tax from 17% to 20% from January 1, 2015 after gradual reduction from 20% to 17% by 2014 inexpedient, the association said. The association also calls for withdrawal of a norm that envisions that regional, district and city councils have right to increase profit tax by 2-3 percentage points from the draft Tax Code.

The taxation should be equal, AUB said. The association believes that it is necessary to prolong the moratorium for taxation of deposits of individuals. According to the experts of the association, it is unacceptable to provide banks with additional functions of tax agents.

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