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Farmers preparing changes to Tax Code in part of special VAT regime

Farmers preparing changes to Tax Code in part of special VAT regimeGrain traders do not need VAT refunds and initiate retaining the special regime of VAT for agricultural producers, President of the Ukrainian Grain Association (UGA) Volodymyr Klymenko has said at a press conference in Kyiv.

According to him, people's deputies who voted for amendments to the Tax Code were confident in the possibility of putting changes in the first quarter of 2016.

"Farmers are now preparing specific changes to these documents. I can assure you all: our parliament will have to change the decisions made. Grain exporter did not lobby anything, we do not want VAT refunds, we did not ask for that," the UGA president said.

According to Klymenko, grain exporters have not been demanded "kickbacks" for three years after the abolition of VAT compensation for them.

"We ask to retain VAT refunds for producers to avoid the appearance of thieves who will mooch on exporters," he added.

Klymenko added that UAH 23 billion is needed to refund VAT to grain traders, while there is no this money in the budget.

Source: Interfax-Ukraine
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