The government is not going to change the National Income Strategy

23 July 2024 14:26

The Government of Ukraine has provided an official response to the petition, which called for a review and change of the National Income Strategy for 2024-2030. The Cabinet of Ministers of Ukraine clearly stated its intention to leave the strategy unchanged, reports "Komersant Ukrainian"

In its response, the Cabinet of Ministers emphasized that the key provisions of the National Strategy were agreed with the International Monetary Fund (IMF) and take into account international tax practices, European integration processes, as well as the recommendations of the World Bank and the Organization for Economic Cooperation and Development (OECD).

The government emphasized that the National Strategy is not a legislative act that directly affects business rules. Instead, it outlines long-term goals in the field of tax and customs policy, which will be implemented in stages.

Regarding the issue of disclosure of bank secrecy, the Cabinet of Ministers noted that relevant legislative proposals will be considered only after the improvement of the information protection system in the State Tax Service (SST). It is important to note that this initiative will only apply to the accounts of tax-paying legal entities. The government argues that the access of tax authorities to bank information is a common international practice, in particular in the USA. The lack of such access currently complicates the execution of court decisions and decisions of tax authorities regarding debtors.

Regarding the reform of the simplified taxation system, the Cabinet of Ministers assures that the changes are aimed at limiting abuses, supporting small businesses and eliminating distortions of competition. The government emphasizes that reform will begin only after trust in tax authorities is restored and their functional reform is carried out. It is planned to make the reform process public, involving the public, business and international partners.

Regarding the issue of the presumption of guilt of taxpayers, the answer states that the imposition of financial responsibility requires the control authorities to establish the guilt of a person. Actions are considered intentional if the tax authority proves that the taxpayer deliberately created conditions that could have no other purpose than non-fulfillment or improper fulfillment of legal requirements.

The Cabinet of Ministers also responded to concerns about the expansion of discretionary powers of fiscal authorities. The new draft law provides the Ministry of Finance with the right to approve a list of key performance indicators of tax authorities and the methodology for their calculation. DPS will be obliged to report on the implementation of these indicators.

The government also announced a reform of tax and customs authorities, which aims to limit the interference of control bodies in business activities. Further automation of procedures is planned, as well as implementation of long-term plans for digital development and digitization of the State Customs Service and the State Tax Service of Ukraine until 2030.

More news – in the “Komersant ukrainskyi” Telegram channel: https://t.me/komersant_ukrainskyi.

Остафійчук Ярослав
Editor

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