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June 3 2002, 10:26 Interfax-Ukraine

Seasonal taxation for sugar makers and oil crushers

Interfax Ukraina reported that Ukrainian Cabinet is planning to submit to the newly elected VR a draft for seasonal taxation designed for sugar mills and oil crushers.

As of May 31st, Leonid Kozachenko, the Ukraine's Vice-Premier announced that the govt. is preparing the draft and would ask the VR to adopt it asap.

According to him, such taxation is required due to seasonal mode of operation, which is common for sugar mills and oil crushers.

Sugar mills alone number in Ukraine reaches 192 facilities.

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