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ULIE finds the current legislative initiatives concerning the "swift restoration of pre-war tax policy" (draft law No. 8401) unacceptable.
The draft law, which has been passed in the first reading, proposes the cancellation of the 2% income tax rate for individual entrepreneurs in the first and second groups, the exemption of these groups from paying the unified tax, the suspension of documentary inspections, and the non-application of penalty sanctions for violations of tax legislation, as well as changes in the use of cash registers for transaction recording, among other provisions.
ULIE has sent a letter to the Chairman of the Verkhovna Rada, Ruslan Stefanchuk, as well as to the Cabinet of Ministers of Ukraine, parliamentary factions, and groups, demanding a substantial revision of the draft law to prevent a deterioration of the business climate.
"We believe that preserving the economic activities of each individual economic entity, and each new job created, is an integral contribution to the victory over the Russian aggressor. The government's decision to return to normal pre-war economic conditions cannot be considered comprehensive and well-founded. Especially without a proper forecast of potential consequences and considering the low level of employment and purchasing power of the population, limited domestic demand for products, and the projected increase in poverty levels in the country (World Bank forecast up to 60% in 2023), among other factors," states the appeal from the business community.
This position was also supported during the meeting of the Anti-Crisis Economic Stability Staff, attended by representatives of parliamentary factions, parliamentary groups, the Office of the President of Ukraine, the Cabinet of Ministers of Ukraine, the National Academy of Sciences of Ukraine, industrial and entrepreneurial organizations, and trade unions. Experts emphasized that the draft law No. 8401 requires revision before the second reading, as its current form may exacerbate the economic crisis.