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Ukrainian American Bar Association

Slow Out of the Gate An overview of Ukraine’s new tax system

02 Sep 2015 11:12 AM | Anonymous
Tax reforms are still under construction in Ukraine. As planned, they should come to fruition with the institution of a fundamentally new tax system starting January 1, 2016. Prior to that, the planned reforms will also have to get a green light from the Verkhovna Rada, which is supposed to get the necessary bill to debate and vote on by the end of autumn. At this time, key elements of this new system are being discussed in expert circles. And although the press is receiving precious little information about the changes to the tax system, tax specialists have already worked up quite a few elements. From them, we can begin to piece together an outline of Ukraine’s future tax system.   The Ukrainian Week.   Read More

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