Ukrainian 'War Tax' Proposal Submitted to Parliament
On 25 July 2014, the Ukrainian government submitted to parliament a draft law to introduce a 'war tax' to support the Ukrainian army's anti-terrorist operation against pro-Russian separatists. The tax would be imposed at a rate of 1.5% on the wages of individuals working Ukraine whose salaries in 2013 amounted to UAH 500,000 (or equivalent) or above.
Under the draft, the tax would be introduce…
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