OREANDA-NEWS. May 27, 2015. President Petro Poroshenko signed Law № 364-VIII “On Amendments to the Tax Code of Ukraine Regarding Peculiarities of the Fulfillment of Projects on the International Technical Aid to the Chornobyl NPP”.

Particularly, the Tax Code stipulates that non-residents – executors of the projects of international technical aid to the Chornobyl NPP do not have to pass the registration procedure in the tax bodies. It goes about non-residents which act under the Framework Agreement between Ukraine and the EBRD regarding the activity of the Chornobyl Fund “Shelter” in Ukraine and the Agreement on Grant (Project of Nuclear Security of the Chornobyl NPP) between the EBRD as administrator of funds provided under the Grant from the Account of nuclear safety, the Government of Ukraine and the Chornobyl NPP.

The Tax Code exempts from taxation the income of Public Specialized Enterprise Chornobyl NPP and the income of enterprises received at the cost of the international technical aid or funds provided in the State Budget of Ukraine as the contribution of Ukraine to the Chornobyl Fund “Shelter” for the period of decommissioning of Chornobyl power units and transformation of the “Shelter” into an ecologically safe system.

The law comes into effect on the day following the day of its publication.