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'Resource' bill proposes to allow tax service to disclose to local authorities data on individual debtors – Hetmantsev

KYIV. Sept 13 (Interfax-Ukraine) – Head of the parliamentary committee on finance, tax and customs policy Danylo Hetmantsev announced the inclusion in the "resource" bill No.5600 for the second reading of a proposal to allow regulatory authorities to disclose information about individuals-debtors to local authorities (current legislation contains a rule on disclosure of data only on legal entities) to more effectively administer local taxes.

On Monday Hetmantsev published in his Telegram channel the list of changes that the committee intends to recommend to the Verkhovna Rada to add to the bill for the second reading.

Also it is offered to increase in the bill at the second reading terms on inclusion in the tax credit of the registered tax invoices from 185 days to 366 calendar days.

"The second and next deliveries of tobacco products, tobacco and industrial tobacco substitutes, liquids used in electronic cigarettes, for which the maximum retail prices are set, are exempt from VAT," Hetmantsev said in a list of proposed changes published by him.

In addition, members of the committee intend to recommend to the Rada to extend until 2025 the benefits of VAT installments for imported equipment, the MP said.

The committee began consideration of the bill on Monday and plans to devote five hours a day to more than 11,000 to amendments for consideration, MP Yaroslav Zhelezniak said in the Telegram channel.