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Ukraine Parliament Considering Consolidated Individual Income Tax

|Proposed Changes|Ukraine
Ukraine

The Ukraine Parliament is considering Draft Law 6548, which was submitted on 25 January 2022 and provides for the introduction of a consolidated income tax that would essentially replace the current income tax, social security contribution, and military tax. The consolidated tax would be implemented with initial higher rates as follows:

  • 29% in the period 1 January to 31 December 2023;
  • 26% in …

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