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Ukraine Considering Tax Code Amendments

|Proposed Changes|Ukraine
Ukraine

The Ukrainian parliament is currently considering a law amending the Tax Code. The main changes proposed in the law are as follows:

  • The introduction of an 18% tax for banks and credit unions on interest accrued on the deposits of natural persons - the tax would be charged monthly and deductible for corporate tax purposes
  • An exemption from making advance corporate tax payments on dividend distr…

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