OrbitaxTax measures to reduce budget deficit – corporate taxation
|Approved Changes|Ukraine
On 20 May 2010, the parliament adopted Law No. 2275 amending the Corporate Income Tax Law. The amendments apply from 1 July 2010, unless otherwise indicated below. The amendments are aimed at increasing fiscal revenue and include the following measures:
(a) Losses. During 2010 fiscal year, taxpayers are allowed to deduct not more than 20% of the tax losses accumul…
Continue Reading
