During the discussion, participants addressed issues related to the additional taxation on the export of livestock and meat products outside the country.
Exporters noted that the lack of primary documents confirming the purchase price of animals significantly complicates the situation. This leads to tax audits being unable to establish actual costs, which, in turn, results in additional profit tax being assessed based on the full value of the products.
To address this issue, a law was adopted that reduces the additional tax to 20 percent. When paying this amount, 80 percent, as well as penalties and interest, are subject to write-off.
However, entrepreneurs emphasized that even 20 percent of the full sales value remains a significant burden. If they had all the necessary documents, the profit tax would be calculated based on the difference between the purchase and selling price, which would amount to about 10 percent.
As a result of the meeting, in line with the president's directives to create favorable conditions for business, the chairman of the STS proposed amendments to the legislation that would reduce the amount of additional tax for livestock product exporters from 20 to 3 percent.
This initiative was supported by the business community.
