yesterday on the website of the Verkhovna Rada was promulgated bill number 5161 On the environmental market of Ukraine, registered BYuT deputy Sergei Pashinsky. The document must legitimize the operations of government regulation on sale of units of assigned amount of emissions (AAUs = 1 ton of CO2). In addition, the draft law provides for exemption from charging VAT on export operations carbon, implemented through international agreements or by private companies. Proceeds from the sale of AAUs companies can not include in gross income when paying taxes on profits. With the implementation of projects in Ukraine, or participation in government programs to reduce emissions of the company will not be eligible for benefits.
Now
industries, selling emissions do not pay VAT, but the lack of legislative base makes it difficult to such transactions. To resolve the issues of taxation carbon trading, it is imperative to avoid in future legal conflicts. Already there have been cases where companies that have reduced emissions, can not use the proceeds, - said the director of MGM International in Eastern Europe, Vladislav Zhezherin. Ukraine has managed to implement only a few projects under the Kyoto Protocol, - said Mr. Pashinski. The Ukrainian government of Japan has sold 30 million AAUs for $ 19,5 /ton of emissions. Expected sales quotas Switzerland and New Zealand, totaling 150 million AAUs.
In the real economy as there were only a few deals. Mine them. Zasyadko sells quotas in September 2006, the last deal - at 1.46 million tons In December 2008, the sugar producer Company Astarta-Kyiv sold 300 thousand AAUs. The bill provides additional benefits that will encourage industry to switch to energy-efficient equipment and reduce their emissions, - says Mr. Pashinsky. The procedure for assessment of internal operations, it intends to finalize.
source in State Tax Administration of the introduction of tax incentives are not supported: There is already a tax on pollution for the enterprises whose production is linked to harmful emissions. Instead, the introduction of benefits the state might be obtained by direct taxes on subsidized projects to reduce carbon dioxide emissions . This opinion is shared by experts.
Under the Kyoto Protocol, companies are required proceeds from the sale of quotas to spend funds for the purchase of energy-efficient equipment. Accordingly, the company will increase the gross expenditure and tax returns would be documented decrease in profit, - explained the president of the Union of tax advisers, Leonid Rubanenko .- This may become one of the schemes to evade payment of income tax. Does not support this initiative and Deputy Chairman of the Verkhovna Rada Committee on matters of tax and customs policy, Nikolay Kruglov (Regions Party): The government invented a way to make money from the sale of air and BYuT proposes to give manufacturers an opportunity to receive from such transactions are not taxable income.
Maria Tsaturyan
The immediate support for the MICEX index was at 1170 points Gazprom is making plans to expand its influence in Europe … Contrary to the requirements of NBU banks continue to accumulate currency to Nostro accounts in foreign banks …
Successful investment could be shares of the NUTRITEK, which managed to reach an understanding with creditors on restructuring its debt
There was no definite trend in the market can begin to form no earlier than Thursday
Review of the FOREX market for 29.09.09
Yesterday, the euro /dollar was trading session at the American level of about 1.4570
Gazpromonopoliya growing
Pose nostro
Forex Asia
Speculative recommendation on shares of Polyus Gold, Gazprom, Lukoil, Sberbank and VTB