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 NewsRSSPoroshenko invites business to discuss new model of profit taxation
13 of March 2018 г.
President of Ukraine Petro Poroshenko has invited business representatives to discuss a new model of profit taxation in Ukraine - the taxation of the company's distributed profit, the president’s press service reports - Ukrinform.
"Honest discussion on this issue with our foreign partners and business associations is needed. It's not just about taxes. It’s a new philosophy. The bill will protect small and medium business,” said Poroshenko and assured that there would be supporters of such a bill. Poroshenko also stressed that he is ready to compromise on this issue. "At the first stage, it will concern only small and medium business; we should find compromises over foreign investors. And at present it 100% [works] in many countries, including Georgia, Estonia, where it has worked fine," he said. He also added that such a new tax policy will fundamentally change the investment climate in Ukraine.
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