The government proposes to introduce a military tax on salaries in the amount of 5% and 1% of income for all enterprises in the country.
The Rada Committee on Finance supported the updated version of bill No. 11416-d on increasing taxes and recommended that parliament adopt it in the first reading.
This was reported by the head of the committee Danylo Getmantsev and the deputy head of the committee Yaroslav Zheleznyak.
In particular, the revised bill provides for:
- increasing the military tax rate from 1.5 to 5%
- establishing a military tax of 1% of income for sole proprietors who are payers of the single tax of group III
- establishing a military tax for sole proprietors who are payers of the single tax of groups I, II and IV at the level of 10% of the minimum wage
The document specifies that the established features of taxation by military tax will be in effect until December 31 of the year in which martial law is terminated.
The draft proposes to set the corporate income tax rates for non-bank financial institutions (except for insurers) at 25%.
The draft retains monthly advance payments on income tax for retail trade in fuel.
Recall that the Ukrainian government is considering increasing budget revenues. Earlier, it stated that there is no alternative to raising taxes.
Also the reason for raising taxes in Ukraine was also explained by the IMF.
The Verkhovna Rada will not vote for the bill on raising a number of taxes until September, and the concept of the document itself has changed.
The government wants to raise taxes and bring the income of people who receive salaries “in envelopes” out of the shadows
