Oleksandr Danchenko: Stop taxing the IT industry! Better create investment conditions

Samopomich MP, chairman of the Parliamentary Committee on Informatization and Communications Oleksandr Danchenko believes that with regard to the field of IT and telecommunications discriminatory norms are operating in Ukraine. And this is despite the fact that this is one of two industries which are now demonstrating growth.

“Budgetary processes have started, and once again we see that s estimate the radio frequencies rent rate is going to increase. Every year it rises by 11.2%. But this is     going just a bit too far already. In 11 years the rent for radio frequencies has grown 26 times. Eventually there will be no funds for the development of new customers and growth,” emphasizes Oleksandr Danchenko.

In addition, there is a very clear discrimination in imposition of VAT on export services. In contrast to the IT and telecommunications field, for the same services in the transport sphere a zero VAT tax applies.

The MP continues, “Another tax that has been there since 1999 is a luxury tax. It exists up till now, and everybody pays the luxury tax for every mobile phone they possess.”

“Stop taxing the industry that is developing, create investment conditions instead,” concludes Oleksandr Danchenko.

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