11:55 03.12.2012

Parliament may pass bill on 15% tax from currency sales on Tuesday, says Chechetov

2 min read
Parliament may pass bill on 15% tax from currency sales on Tuesday, says Chechetov

Mykhailo Chechetov, the first deputy head of the Regions Party parliamentary faction, has said that the Verkhovna Rada, Ukraine's parliament, could on Tuesday pass the bill foreseeing the introduction of a 15% pension duty for the Pension Fund during the sale of foreign currency, if the National Bank of Ukraine (NBU) submits the document, according to the Komsomolskaya Pravda v Ukraine newspaper.

"We should improve the situation with the dirty speculation by some financial structures that shook the hryvnia rate. We haven't even passed the bill in the parliament, just discussed it, and the U.S. dollar rate has stabilized. So, we should go on with this," he said.

As reported, the draft law submitted by the head of the profile parliamentary committee Vitaliy Khomutynnik, aroused protest, including in parliament, and was rejected on November 20, 2012.

It is expected that the bill will be discussed at the last plenary session of the present parliament on December 4, 2012.

The NBU insists that the bill will not affect the interests of citizens, as it foresees the exemption of funds converted from currency deposits, currency T-bills and funds on bank cards.

Its opponents said it would revive the shadow currency market and not achieve its aims.

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