Ukraine is considering changing the taxation system for individual entrepreneurs, based on the Polish model. This was announced by Danylo Hetmantsev, Chairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy.
According to him, the single tax system has now become a tool for tax evasion for large and medium-sized businesses. Instead, the Ministry of Finance and the IMF are considering introducing a new model similar to the Polish one.
What does the Polish model of taxation of sole proprietorships provide for?
The Polish model of taxation of individual entrepreneurs provides for a higher limit on transactions – EUR 2 million. Currently, it is UAH 7.8 million in Ukraine.
In addition, different types of activities are taxed differently. For example, the tax on trade is 3%, and in the service sector it ranges from 12% to 20%.
According to Mr. Hetmantsev, such a model will differentiate small businesses from large and medium-sized ones.
In no case should large and ultra-large businesses be artificially turned into “small” businesses through schemes.
Danylo Hetmantsev
According to the parliamentarian, it is possible to implement tax reform even during martial law.
