OREANDA-NEWS.  January 12, 2012. The President has signed a law on new excise tax and some fees which will allow attracting to the budget more than 1.3 billion additionally.

According to the calculations of the tax servicemen the vast majority (about 1 billion UAH) of additional revenue will be collected in the form of excise tax from importers and manufacturers of alcoholic beverages and tobacco products, petroleum products, liquefied petroleum gas, as well as owners of certain types of vehicles.

At the same time introducing new rates allow reducing the consumption of Ukrainian alcohol and tobacco.

Combining all charges levied on extractor of mineral resources into a single fee - charge for subsoil use in the opinion of experts of the State Tax Service will simplify administration procedures.