The President of Ukraine signed the Law of Ukraine "On Amendments to Section XX" Transitional Provisions "of the Tax Code of Ukraine regarding the features of taxation of business entities, implementing investment projects in priority sectors of the economy" (№ 5211-VI).

 

Not listed in the budget provision for income taxes to be paid at that rate, the company will be deposited in a special account, which he discovered in the relevant territorial authority of the State Treasury, in the terms established by the Tax Code of Ukraine, for the payment of corporate income tax, and used to increase production of goods (services), re logistics, new technologies related to its core business, and / or repayment of loans used for these purposes, and payment of interest on them.

 

To confirm the specified enrollment business entity must be submitted together with the tax return for income tax payment orders on the registry actually credited to a special account funds for the tax (reporting) period and an extract of the territorial authority of the State Treasury with such account.

 

Income taxes are not credited to the special account or enrolled in violation of the deadline will be considered to be used for other purposes and are subject to payment to the state budget of Ukraine.

 

Also, for the next 10 years (up to 31.12.2022) such businesses are given the opportunity to pay the VAT tax bill for import into Ukraine of equipment and components thereof that are appropriate clauses 10 paragraph 4 of Title XXI of the Customs Code of Ukraine.

 

The law comes into force on 1 January 2013.