MPs propose to change the taxation of "luxury" cars

Deputies want to make changes to the Tax Code of Ukraine again concerning the taxation of "luxury" cars. Thus, the authors of the bill #2161 Viktor Chumak, Oksana Prodan, Oksana Yurinets, Michael Hrozdyov and Paul Rizanenko (all "Block Poroshenko") proposes changes to the tax code and make cars under the age of 5 years and an engine power of 169 kW (230 horsepower) the object of taxation. Recall that, according to changes on December 28, 2014 there was a tax on cars with engine capacity of more than 3 liters and not more than 5 years in the amount of 25 thousand UAH per year.