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LAW OF UKRAINE

of December 28, 2007 No. 107-VI

About the Government budget of Ukraine for 2008 and about modification of some legal acts of Ukraine

(as of December 12, 2008)

Section I. The law of Ukraine on the Government budget of Ukraine for 2008

Article 1. Determine the income of the Government budget of Ukraine for 2008 in the amount of 231.931.966, 7 thousand hryvnias, including the income of the general fund of the Government budget of Ukraine - in the amount of 180.783.209, 8 thousand hryvnias and the income of special fund of the Government budget of Ukrainyv to the amount of 51.148.756, 9 thousand hryvnias, according to the appendix N 1 to this Law.

Approve expenses of the Government budget of Ukraine for 2008 in the amount of 253.207.875, 1 thousand hryvnias, including expenses of the general fund of the Government budget of Ukraine - in the amount of 200.106.067, 7 thousand hryvnias and expenses of special fund of the Government budget of Ukraine - in the amount of 53.101.807, 4 thousand hryvnias.

Approve for 2008:

amounts of return of the credits to the Government budget of Ukraine in the amount of 1.567.659, 6 thousand hryvnias, including return of the credits to the general fund of the Government budget of Ukraine - in the amount of 368.234 thousand hryvnias and return of the credits to special fund of the Government budget of Ukraine - in the amount of 1.199.425, 6 thousand hryvnias;

loan granting amounts from the Government budget of Ukraine in the amount of 5.311.930, 3 thousand hryvnias, including loan granting from the general fund of the Government budget of Ukraine - in the amount of 2.568.028 thousand hryvnias and loan granting from special fund of the Government budget of Ukraine - in the amount of 2.743.902, 3 thousand hryvnias.

Establish the extreme extent of central government budget deficit of Ukraine for 2008 in the amount of 25.020.179, 1 thousand hryvnias, including the extreme extent of deficit of the general fund of the Government budget of Ukraine - in the amount of 21.522.651, 9 thousand hryvnias and the extreme extent of deficit of special fund of the Government budget of Ukraine - in the amount of 3.497.527, 2 thousand hryvnias, according to the appendix N 2 to this Law.

Establish turnover cash of the Government budget of Ukraine for 2008 at the rate to two percent of the expenses of the general fund of the Government budget of Ukraine determined by this Article.

Article 2. Determine that for 2008 treat the income of the general fund of the Government budget of Ukraine:

1) the value added tax (except tax debt of last years on the value added tax of the housing-and-municipal companies, companies of National joint stock company "Neftegaz of Ukraine" and fuel and energy complex, the spread tax liabilities of National joint stock company "Neftegaz of Ukraine" on the value added tax which payment due date comes in 2008, and receipts from National joint stock company "Neftegaz of Ukraine" of the value added tax (including tax debt) when implementing customs clearance of the natural gas imported on customs area of Ukraine in the first quarter 2006 and the value added tax which is not paid at the scheduled time for the natural gas imported on customs area of Ukraine in the first quarter 2008 which is under customs control being source of forming of special fund of the government budget in the corresponding directions determined in this Law).

2) the income tax of the companies (except the income tax of the companies of municipal property, tax debt of last years on the income tax of the housing-and-municipal companies, companies of National joint stock company "Neftegaz of Ukraine" and fuel and energy complex and the spread tax liabilities of National joint stock company "Neftegaz of Ukraine" on the income tax of the companies which payment due date comes in 2008, being source of forming of special fund of the government budget in the corresponding directions determined in this Law);

3) collection for special water use;

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