Source: http://www.tarp.com.ua/en/consultations/vnesenie-izmenenij-v-ugolovnyj-kodeks-i-ugolovnyj-processualnyj-kodeks-ukrainy-dlya-umensheniya-davleniya-na-biznes/
Timestamp: 2019-12-12 13:40:49
Document Index: 100546299

Matched Legal Cases: ['Art. 205', 'Art. 212', 'Art. 205', 'Art. 5', 'art 1', 'Art. 284']

Amending the Criminal Code and the Criminal Procedure Code of Ukraine to reduce pressure on business | Тарасов и Партнеры
Amending the Criminal Code and the Criminal Procedure Code of Ukraine to reduce pressure on business
September 18 th is a rainy day for tax officials: the Supreme Council adopted the Bill on Amendments to the Criminal Code and the Criminal Procedure Code of Ukraine to reduce pressure on business.
From now on, Art. 205 of the Criminal Code of Ukraine (hereinafter – CC), which provides for criminal liability for fictitious entrepreneurship, is completely excluded. Previously, regulatory authorities often abused this article and used it as a way of justifying the additional charge of monetary obligations to taxpayers.
Also, amendments are made to Art. 212 of the Criminal Code regarding qualification of tax evasion: now a significant amount of funds is 2,881,500 UAH or more, a large amount of funds is 4,802,500 UAH or more, and a particularly large amount is 6,723,500 UAH or more. The above innovation will reduce the overall pressure on the business and create a favorable environment for its functioning in Ukraine.
As for legal entities whose directors and accountants have already opened criminal cases under Art. 205 of the Criminal Code: since this article no longer exists, all cases will be closed in accordance with Art. 5 of the Criminal Code and Clause 4, Part 1 of Art. 284 of the Criminal Procedure Code of Ukraine.
Now, business in the Ukrainian realities will breathe a little easier, and we are very happy about this.