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Ukraine to Introduce Simplified Tax and Fee Payment through Single Account

|Proposed Changes|Ukraine
Ukraine

On 11 August 2017, the Ukraine Ministry of Finance announced that the Government has approved a draft law for the implementation of a single account for the payment of taxes and fees. The single account option is meant to simplify procedures, reduce errors and misunderstandings, improve conditions for business, and improve transparency. The law would allow any taxpayer to elect to open a singl…

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