Representatives of the private sector have made more than 200 proposals how to improve the country’s tax legislation.
The State Committee on Investment and State-owned Property Management (GosKomInvest), in particular, says that “more than 200 proposals made by representatives of the private sector for improvement of the tax legislation have been submitted for consideration to the working group for development of a draft tax code in new edition.”
More than 100 representatives of various sectors of the economy have reportedly participated in meetings of the working group to discuss the existing tax problems.
Proposals made by businesspeople, in particular, provide for eliminating obstacles impeding formation and further development of business in the country.
Based on these proposals, GosKomInvest is developing a draft concept to simplify and avoid any misunderstanding in the administrative and general parts of the tax code in new edition.
The current tax code came into effect on January 1, 2013.
In late June last year, a working group was set up at GosKomInvest for development of a new tax code. The working group members include representatives of the private sector, development partners, experts and other stakeholders.
