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The Regime Folders were considered

Комитет по экономической политике, бюджету и финансам

28.09.2015

Deputies considered regime folders, as well as a package of legislations of Alexander Korshunov in the course of the morning meeting of the Supreme Council Committee on Economic Policy, Budget and Finance. Discussed documents were included in the agenda of today's plenary session.

A number of legislative initiatives submitted by Alexander Korshunov was unanimously supported. These are legislations "On the value added tax on goods imported from the territory of the European Union"; "On the system of taxation for exporting companies (income tax and property tax of legal persons)"; "On Amendments to the Law of PMR "On the basis of the tax system in PMR"; "On amendments to the Law of PMR "On Customs Tariff ". The first document is designed to prevent the decline in revenues of the state budget in connection with the possible abolition of import duties on goods imported from the territory of the European Union. Taxation is expected to produce at a rate of 1, 8 and 18 percent depending on the type of imported goods.

The law-in-draft "On the system of taxation for exporting enterprises (profit tax and property tax of legal entities)" is designed to create an alternative system of taxation for exporting enterprises. Taking into account that 75% of its industrial output in Pridnestrovie is exported, it is extremely important to offer an additional mechanism to support and protect the republic exporters from the negative impact of external and internal factors. The special tax regime implies taxation enabling exporting companies to go from paying turnover tax on income to the income tax and property tax for legal entities. Adoption of the law-in-draft will allow enterprises exporting products to effectively manage the tax burden, which will contribute to increase production, increase tax deductions, the creation of additional jobs.

Legislations were considered, submitted by the President in the regime of legislative necessity: "On the introduction of the Tax Code," "On the offshore assembly", "On Protection of Competition", "On natural monopolies", "On the domestic trade" and "On amendments and addendum to the Code of Administrative Offences". The result of the discussion was a vote in the course of which the views of deputies were equally divided. Deputies have to make decisions on them.