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Ukraine Parliament Considering Regressive Social Security Contribution Rates

|Proposed Changes|Ukraine
Ukraine

The Ukraine government has submitted draft legislation in parliament for the introduction of regressive unified social security contribution rates. Currently, employers must make social security contributions equal to 22% of employee's gross monthly salary, subject to a basis cap equal to 15 times the minimum monthly salary (MMS) for 2018. As proposed in the draft legislation, regressive social…

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