By KYIV. Dec 22 (Interfax-Ukraine) – The government of Ukraine, with IMF technical assistance, will work on the development of an integrated roadmap for tax policy and tax administration measures for the speedy restoration of the pre-war state of tax administration and policy, according to the Memorandum on Economic and Financial Policies of the IMF Program Monitoring with Board Involvement (PMB).
"In the very near term, this will include submission of the following three draft laws to parliament (Structural Benchmark, end-January 2023): on cancelling the moratoria on tax audits (effective July 1, 2023); on removing idiosyncrasies of the application of the simplified tax regime by taxpayers under the single tax of 2%, and restoring the pre-war regime for these taxpayers (effective July 1, 2023); and on ensuring full-scale enforcement of the usage of cash registers in retail outlets (and associated settlement and payment infrastructure), including restoring liability for violations (effective July 1, 2023)," the memo reads.
"In addition, we are working to implement the automatic exchange of information for taxation purposes (Common Reporting Standard (CRS)) and intend to propose necessary legislation. The estimated revenue gains in 2023 from the reversal of the simplified tax regime is assessed at about 0.13% of GDP for 2023. We also remain committed to working on the broader design of tax policies and measures for building a modernized revenue administration (including among other things limiting the possibility for PIT tax evasion from using simplified tax regime by group 3 taxpayers) that would help us to achieve our fiscal policy goals in the post-war environment.
