Finance

taxes

Parliament approved tax reform in the first reading

1929

The Verkhovna Rada adopted in the first reading the bill No. 1578 On Amendments to the Tax Code of Ukraine and Several Laws of Ukraine (according to the tax reform).

258 of 228 minimum required deputies voted for the decision.

The document envisages the reduction of taxes from 22 to 8 – the profit tax, the personal income tax, the value-added tax, the excise duty, the rental fees, the duties and local taxes (property tax and flat rate tax), according to Deputy Finance Minister Denys Fudashkin.

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