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Rada could eliminate 'corruption' benefits for business - Hetmantsev

The new parliament is going to cut off "corruption" benefits for companies in the near future. This was stated in an interview with Kyiv-based Interfax-Ukraine news agency by Danylo Hetmantsev, member of parliament-elect from Servant of the People Party and a candidate to head the new parliament's Committee on Finance, Tax and Customs Policy,.

Quote"We plan to remove corruption benefits, in general, all corruption benefits that were provided in view of the"special"relationship between business and government," Hetmantsev said.

As an example of corruption benefits, Hetmantsev called benefits for some energy sources. This includes rent for the extraction of ore, coal, and environmental taxes, he said.

Quote "We are not against subsidies and benefits, but that the horse has food. If, due to privileges for the aircraft industry, the budget loses about UAH 1 billion a year, how many airplanes are produced? Not a single one," Hetmantsev said.

Companies that take benefits should take responsibility: either return the benefits with "real money," or give a certain increase in production volumes, jobs, he added.

At the same time, Hetmantsev considers the benefits to unprofitable enterprises pointless. Underdeveloped industries for various reasons need support, he says.

If a business has a desire and potential, it should receive support. But if the company has already reached a certain level of sales and has become almost a monopolist in the market, the goal of the state is to develop its competitors, Hetmantsev said in the interview.

The authorities also want to decriminalize Article 205 of the Criminal Code on fictitious entrepreneurship and raise the lower level of attraction under Article 212 on tax evasion.

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