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President is hopeful that legislative amendments on de-offshoring will have been drafted by summer
20.04.2016 10:17 "Agro Perspectiva" (Kyiv) —
As of yesterday, participants of the National Council of Reforms chaired by the President discussed the elaboration of efficient mechanisms on preventing the use of offshore companies for the minimization of tax liabilities and withdrawal of profits abroad, President Petro Poroshenko Press Office reports.
As to the report, the President informed that the de-offshoring concept had been preliminary approved at the previous session of the working group.
«I am hopeful that cooperation with expert community and the best world consultants and auditors will help submit respective proposals to the Parliament by June 1,» the President said.
As to the report, Poroshenko expects representatives of the Ukrainian State Fiscal Service, Cabinet of Ministers, Verkhovna Rada and Presidential Administration to finally take measures to prevent the use of offshore companies for the minimization of tax payment inside Ukraine.
«We have a chance to become one of the first countries that change this system. We can show an example to the others,» the President noted.
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