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News / 7 February 2014 | 11:33
National University of Revenue Ministry to be established

National University of Revenue Ministry to be established

The Ministry of Revenue and Duties of Ukraine plans to establish the National University of Ministry of Revenue and Duties. This offer of Alexander Klimenko, Acting Minister of Revenue and Duties of Ukraine was approved by the Cabinet on Wednesday, the Information-Analytical Bulletin of the Cabinet of Ministers of Ukraine informs.

Experts say development of diversified staffing for one of the key ministries will ensure utilization of the most advanced practices in enforcing the uniform tax and customs policies in terms of  administration of taxes and fees, customs duties in the future.

The National University of State Tax Service and the State Research Institute of Customs Service will be united to establish a university. The National University of Ministry of Revenue and Duties will incorporate the Research Institute of Financial Law and Kiev Finance and Economics College, which will operate as separate divisions. This step will preserve the integrity of the staffing system of the Ministry of Revenue and Duties taking into account the specific training requirements.

The Ministry of Revenue and Duties focused on the most important aspects in improving tax and customs legislation in 2013. Supported by the international institutions, the ministry experts developed dozens of laws and regulations, several of which were introduced last year.

The Law on Transfer Pricing that monitors activities of companies with active offshore operations was developed and implemented. The rules for registration of entrepreneurs using simplified tax system as well as terms for accounting and other financial documentation were facilitated. The main objective of the ministry  in charge of economic reforms is training of highly qualified staff. 

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