The Antimonopoly Committee of Ukraine (AMCU) and European experts have been analysing more than 300 programmes with signs of state aid contained in the Tax and Customs Codes, government representative at the AMCU Anna Artemenko has said at a web conference on state aid regulations, which was hosted by Gorshenin Institute.
"Together with the EU Project, we are completing titanic efforts to analyse the Tax and Customs Codes. Tax benefits are a frequent form of state aid, we are preparing an extensive report that will be discussed with the Finance Ministry and other agencies. Today we can already say that the Codes contain signs of 385 legal grounds for state support. Based on the results of this work, we plan to send a report with recommendations on further actions to bring the norms of the Codes into conformity with the rules of state aid. We will also identify the norms which do not constitute state aid," she said.
Government assistance is any direct or indirect funding from the state budget: grants, subsidies, allocations, which give an advantage and affect competition. The incomplete reception of resources by the state, such as through tax benefits, the sale of state or municipal property below their market value, can be considered state aid.