Policy Win: Grain Storage Facilities are no Longer Subject to Real Estate Tax
Upon request from the Chamber, the State Fiscal Service of Ukraine issued Clarification, according to which buildings of agricultural purpose are not subject to real estate tax. From now on companies don’t have to pay real estate tax on their grain storage facilities. This development conveys substantial cost-efficiency impact for the Chamber Member companies operating in the agricultural sector.
The Chamber highly values efficient cooperation with the State Fiscal Service, which resulted in the above mentioned clarification letter that provides fair tax relief for agricultural companies, which in its turn sends a positive signal on improvement of the business climate in Ukraine and increases trust in Government authorities.