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Ukraine Planning Profit Distribution Tax in Place of Income Tax

|Proposed Changes|Ukraine
Ukraine

According to recent reports, the Ukraine government is planning a new corporate tax regime that would replace the current corporate income tax with a tax on profits distributions. The tax regime would be similar to the regime employed by Estonia and the regime adopted by Latvia from 2018 ({News-2017-08-03/A/3-previous coverage}), which generally provide that retained profits remain exempt. Deta…

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