The Verkhovna Rada Finance Committee approved a “reduced” package of tax increases for citizens, within the framework of bill No. 11416, on the eve of August 29.
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Photo – novyny.live
As reported by NBN with a link on the Telegram channel of the people's deputy, who is the first deputy chairman of the parliamentary committee on finance, tax and customs policy Yaroslav Zheleznyak, the second edition of the above-described document proposes significantly smaller changes in the tax sector, if we compare it with the July regulations of the Cabinet of Ministers.
According to Zheleznyak, the current version of draft law No. 11416 recommends:
- raise the military tax rate from 1.5 percent to 5 percent;
- increase taxation of individual entrepreneurs of the first and second groups;
- introduce advance payments for petrol station networks;
- add a 1% levy on all categories of individual entrepreneurs of the third group;
- introduce a 25% profit tax for financial institutions/banks;
- provide for monthly reporting on personal income tax/personal income tax (in order to form an economic reservation mechanism against mobilization).
Earlier, our information portal wrote that amendments to bill No. 11416 will reduce the inflow of funds from population taxation into the state budget.