THE ASSOCIATION RECEIVED A LETTER FROM THE MINISTRY OF FINANCE OF UKRAINE

As previously reported (see the information in the News section on October 10), the Association appealed to the state leaders regarding reservations to the Draft Law of Ukraine “On Amendments to the Tax Code of Ukraine on Peculiarities of Taxation during the Period of Martial Law” (Reg. No. 11416-d dated August 30, 2024), regarding the establishment of a minimum selling price for a unit of commercial products of a mining enterprise – extracted minerals (mineral raw materials) for granite as raw materials for rubble stone and for sand as refractory raw materials.

In response to this appeal, the Association received a letter from the Ministry of Finance of Ukraine dated November 06, 2024, No. 11230-09-10/31976, which, in particular, stated that the Cabinet of Ministers of Ukraine had submitted to the Verkhovna Rada of Ukraine a draft Law of Ukraine on the Register. No. 11416 dated July 18, 2024, which did not contain any provisions on changing the current procedure for taxation of rent for the use of subsoil for the extraction of minerals.

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