Losses of Ukrainian business for the first quarter of 2016 reached $42 billion

Losses of Ukrainian business for the first quarter of 2016 reached $42 billion

According to the head of the parliamentary Committee on taxation and customs policy, to blame the current in the country the model of taxation.

The losses of the business in the first quarter of 2016 made up 1.07 billion hryvnia (42,9 billion dollars). As reported by portal “Economic truth”, said the head of the parliamentary Committee on taxation and customs policy Nina Southerner.

— The current model of taxation on profits has led to the fact that the losses of the business in the first quarter of this year exceeded one trillion hryvnia, she said.

According to Southerner, now the profit tax is collected by artificial means, half of the income from it is formed due to overpayments.

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