21 Dec 2017
Expert Opinions Economy Analytics Yaroslav Pylypchuk

Amendments No.180 and No.182 to Tax Code threaten agrarian business of Ukraine

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Amendments No.180 and No.182 to Tax Code threaten agrarian business of Ukraine

Amendments No.180 and No.182 to Tax Code threaten agrarian business of Ukraine

Author: Yaroslav Pylypchuk
21 Dec 2017 12:13

According to the UIF assessment, the introduction of amendments No.180 and No.182 is economically viable due to the creation of additional GDP and the reorientation of raw materials export. However, as a result of the unformed transition period for producers, in 2018 there may be a refusal to grow soybeans, rape, sunflower because of economic unattractiveness. This will reduce the raw material base for processors and can nullify the positive economic effects of this decision.

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