On January 27 the Parliament fraction Onuguu-Progress conducted meeting of the fraction.

Friday, 27 January 2017 00:00

On January 27 the Parliament fraction Onuguu-Progress conducted meeting of the fraction. The main agenda of the meeting was discussion of the new Tax Code. Earlier, business community had announced general appeal with concerns on quick and non-transparent process of TC adoption as well as statement on necessity of more comprehensive consideration of the TC. The Parliament fraction Onuguu-Progress has responded to the appeal of the business community and conducted number of meetings with discussion of the new TC. Business Development and Investments Council has arranged meetings and provided process of dialogue between business community and Parliament of the KR. During the meeting of the Parliament fraction, the Minister of economics of the KR has informed that the new working group was founded to study and develop new draft of the TC as well as Regulatory Impact Analysis and other supporting documentation.
As a result, the Parliament fraction Onuguu-Progress has made a decision to withdraw current draft of the new TC, provide fair and equal participation of the business community in the process of TC discussion, as well as provide mutual discussion and hearings of the new TC.