Article 12. The obligatory distributing of profit yield is from foreign economic activity in foreign currency
On territory Ukraine the obligatory distributing of profit yield is inculcated in foreign currency from foreign economic activity between the currency funds of subjects of this activity and State currency fund Ukraine and by the currency funds of local Advices of folk deputies Ukraine.
(operate parts of the first articles 12 are shut-down on 1992
in obedience to Decision of Verkhovna Rada
Ukraine from 23.06.92 N 2489-XII)
A profit yield is subject the obligatory distributing in foreign currency from foreign economic activity of all subjects of foreign economic activity, which have a permanent location or permanent residence on territory Ukraine.
(operate parts of the second articles 12 are shut-down on 1992
in obedience to Decision of Verkhovna Rada
Ukraine from 23.06.92 N 2489-XII)
Subjects of foreign economic activity, marked in this article, are under a obligation to pass part from the lump sum of profit yield in foreign currency, got by them as a result of foreign economic activity, after stable five-year norms which are set Verkhovna Rada Ukraine after presentation To the cabinet of Ministers of Ukraine depending on the type of export commodity is identical for all subjects of foreign economic activity regardless of patterns of ownership organizations of menage.
(operate parts of the third articles 12 are shut-down on 1992
in obedience to Decision of Verkhovna Rada
Ukraine from 23.06.92 N 2489-XII)
In case if territory on which the subject of foreign economic activity has a permanent location or permanent residence is inferior a few local Advices of folk deputies, the subject of foreign economic activity passes 2/3 from a that sum which is intended for distributing, in the currency fund of local Advice of folk deputies of base level and 1/3 - in the currency fund of higher local Advice of folk deputies Ukraine.
For money which are passed in the State currency fund Ukraine, currency funds of local Advices of folk deputies Ukraine, the subjects of foreign economic activity get from the proper budget indemnification in operating on territory Ukraine to currency after the specially set National bank of Ukraine by a course which operates in the moment of receipt of currency money on the account of subject of foreign economic activity.
(operate parts of the fifth articles 12 are shut-down on 1992
in obedience to Decision of Verkhovna Rada
Ukraine from 23.06.92 N 2489-XII)
The obligatory distributing of profit yield in foreign currency is carried out bank institutions in which the subjects of foreign economic activity have currency accounts, by the proper translation of sums, marked in part third of this article, from the currency account of subject of foreign economic activity and simultaneous put on the clearing account of this subject of sums in operating on territory Ukraine to currency, equivalent the sum of the retold foreign currency. The moment of realization of distributing is a date, indicated in a pay document about translation of sums in foreign currency to the National bank of Ukraine, or (in the case of his commission) bank, for foreign economic activity Ukraine, or to the bank in which openly there is a currency account of local Advice of folk deputies.
(operate parts of the sixth articles 12 are shut-down on 1992
in obedience to Decision of Verkhovna Rada
Ukraine from 23.06.92 N 2489-XII)
The obligatory distributing of profit yield in foreign currency must be carried out during 30 workings days from the moment of receipt of money in foreign currency in the proper bank establishment. In the case of untranslation in the noted term of money equivalent in operating on territory Ukraine to currency from the National bank of Ukraine or (in the case of his commission) bank for foreign economic activity Ukraine, or to the bank which a currency account of the proper local Advice of folk deputies is in, to the bank which serves the subject of foreign economic activity, the obligatory distributing of profit yield in foreign currency is not carried out, and the state or proper local Advice of folk deputies forfeits right on the receipt of the proper sums in foreign currency.
(operate parts of the seventh articles 12 are shut-down on 1992
in obedience to Decision of Verkhovna Rada
Ukraine from 23.06.92 N 2489-XII)
The order of realization of operations on the obligatory distributing of profit yield in foreign currency is determined position which asserts the National bank of Ukraine.
Part of profit yield in foreign currency, which is subject a transmission after the obligatory distributing, the subjects of foreign economic activity pass only in the State currency fund Ukraine. Other states can not inculcate on territory Ukraine transmission to the budgets or currency funds of these states of part of profit yield in foreign currency and/or deductions in foreign currency, which are obligatory for the subjects of foreign economic activity, marked in this article.
The subjects of foreign economic activity, marked in this article, have a right to carry out the sale of foreign currency other states only on the basis of the proper civil legal agreements (contracts), celled in obedience to laws Ukraine, in which the noted states come forward as subjects of foreign economic activity. The subjects of foreign economic activity, marked in this article, have no authority to carry out the obligatory distributing or deduction in foreign currency on the basis of acts of legislation of other states.
Creation is on territory Ukraine other currency funds, except for the State currency fund Ukraine but currency funds of local Advices of folk deputies Ukraine, to which subjects of foreign economic activity are under a obligation to pass part of profit yield in foreign currency, without their consent, designed properly, it is forbidden. Ukraine carries out calculations in foreign currency with Союзом of SSR and other states in obedience to the proper agreements (by agreements) Ukraine through the National bank of Ukraine or (in the case of his commission) through a bank for foreign economic activity Ukraine within the limits of the State currency fund Ukraine. Other subjects of foreign economic activity from Ukraine does not carry obligations after the noted calculations.
(operate the article 12 is shut-down in obedience to
By the decree of Cabinet of Ministers
Ukraine from 19.02.93 N 15-93)
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