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MPs Katerynchuk, Liapina Of OU-PSD Proposing Rada Relieve Beneficent Aid For Treatment Of Individual Income Tax (13:36, Tuesday, March 25, 2008)

Leader of the European Party parliamentary deputy Mykola Katerynchuk and parliamentary deputy Ksenia Liapina of the Our Ukraine-People's Self-Defense bloc faction are proposing that the Verkhovna Rada relieve finance, provided as beneficent aid for treatment, of paying individual income tax.

This follows from a Tax Code drafted by Katerynchuk and Liapina, and registered by the parliament on March 14 under No. 2215.

According to the document, target aid, provided by charitable organizations to compensate expenses on paying for treatment, particularly, on buying medicines, donor components, prosthetic and orthopedic apparatuses in the amount not coverable by the fund of mandatory medical insurance, is not subject to individual income tax.

This does not cover expenditures on cosmetic treatment or prosthetics, water treatment and heliotherapy not related to chronic diseases, dentistry and precious metals prosthodontics, artificial insemination and abortions, sex-change operations and curing veneral diseases (except HIV/AIDS), tobacco and alcohol addiction treatment.

Until the mandatory medical insurance system introduced, the above-mentioned norms applied to the total sum of obtained beneficent aid.

As Ukrainian News earlier reported, MPs Katerynchuk and Liapina suggested that the Verkhovna Rada pass the Tax Code.

The relevant bill was registered with the parliament on March 14.



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