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Translated by Ollie Richardson

16:14:11
11/02/2017

dan-news.info

Legal entities and physical persons – entrepreneurs who are non-residents – acting on the territory of the DPR will be obliged to sign contracts with tax agents. The relevant amendments to the law “about taxation” was approved at the first reading today by the People’s Council of the Republic.

As was reported to the Donetsk News Agency by the chairman of the parliament Denis Pushilin, according to the amendments legal persons and physical persons – entrepreneurs who are non-residents – acting on the territory of the Republic are “obliged to sign contracts with tax agents before March 31st, 2017, and in the event of non-compliance with the law, the changes demand, after March 31st, 2017, the entering of temporary administrations at the specified entities”.

Similar amendments were also passed today at the first reading in the People’s Council of LPR. As was explained in Pushilin’s comment, such decisions are made by parliamentarians because, against the background of economic blockade of Donbass by the Ukrainian side, entities registered on Ukrainian territory continue to work in the DPR and LPR and do not pay the taxes required by the law to the budgets of the Republics.

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