Alternative to "Tax Pits"

At present time of reconstruction of economy of Ukraine it is important to look frankly at all the problems and quickly solve pressing issues especially those can fill the budget at least by UAH 2.5 billion monthly.

"Tax pits" were under all authorities, but they did just the appearance of dealing with them. In order to destroy them just enough to impose a temporary, optional tax "on development", which should bring business out of the shadows and get the real data about "tax pits". These data will provide an opportunity to make a real tax reform and then the tax "on development" is not needed.

The tax "on development" of 12 %, will enable enterprises subject to VAT, if necessary, to withdraw money from a current account paying the tax at a rate of 12 % of the amount. At that, the company has the right to refer this amount to the gross cost of the corresponding tax credit of VAT. Banks serving the customer current accounts will be tax agents that will enable to control transparently this tax and fill quickly the budget every day.

In my opinion, today the President has all the facilities and reasons to initiate the introduction of this tax, which will enable not only fill the budget of Ukraine and show once again that Ukrainian business in the name of the Ukrainian people is voluntarily ready for changes for reconstruction of Ukraine.

http://www.companion.ua/articles/content?id=291054