Relevant committee reviews changes in tax legislation to support agricultural sector of DPR
On May 17, a meeting of the Committee of the DPR People’s Council on Budget, Finance and Economic Policy took place, where its participants discussed a draft bill “On amendments to the Law of the Donetsk People’s Republic “On the tax system””, which is aimed at supporting agricultural taxpayers. The event was intended by the representatives of the Ministry of Inland Revenue, as well as by the Acting Representative of the Head of the DPR in the People’s Council Oleg Vanin.
The Chairman of the Committee Marina Zheynova gave comments on the outcome of the meeting to the press office.
ʺThis bill was drafted due to the fact that the Head of the DPR Alexander Zakharchenko had assigned us to decrease tax burden on agricultural producers. The draft bill is intended to amend tax legislation concerning taxes on income for economic entities, which are agricultural taxpayers. In particular, it expends the list of expenses that can be related to gross expenditures. They are repair costs of equipment and machinery in the amount of 100 per cent.
The proposed changes are primarily aimed at supporting agricultural producers and ensuring food security of the Donetsk People’s Republic,ʺ Marina Zheynova said.