The Verkhovna Rada of Ukraine Committee on Science and Education has recommended that the parliament, after the President of Ukraine signs the Law "On Amendments to Certain Legislative Acts of Ukraine (in the Sphere of Higher Education)," remove from consideration the Law of Ukraine "On Taxation of Enterprise Profits" with the proposals of the President of Ukraine. As reported by the Information Department of the Verkhovna Rada of Ukraine Apparatus, the Committee, having considered the President's proposals to the Law of Ukraine "On Amendments to the Law of Ukraine 'On Taxation of Enterprise Profits,'" supported the need for tax incentives for enterprises and organizations that finance at their own expense the education of Ukrainian citizens in vocational-technical and higher educational institutions. Members of the Committee noted that on September 9, 2004, the Verkhovna Rada adopted the Law of Ukraine "On Amendments to Certain Legislative Acts of Ukraine (in the Sphere of Higher Education)" with the proposals of the President of Ukraine, which regulates issues concerning the inclusion of the amount of funds transferred by an enterprise for the payment of education of Ukrainian citizens in higher and vocational-technical educational institutions of state and communal forms of ownership, for the payment of dormitory accommodation, and for the payment of scholarships to these citizens, as part of gross expenditures.
MPs considered the President's proposals to the Law of Ukraine "On Amendments to the Law of Ukraine 'On Taxation of Enterprise Profits'"
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