Business news from Ukraine

THE UKRAINIAN PARLIAMENT IN 1ST READING SUPPORTED 50% INCREASE IN TAXES FOR INTERNATIONAL COMPANIES THAT REFUSED TO LEAVE RUSSIA

2 April , 2022  

The Verkhovna Rada adopted bill No. 7232 as a basis, which provides for the application of a coefficient of 1.5 to the rates of corporate income tax, environmental tax, rent and property tax for companies that refused to leave the Russian market. 309 people’s deputies voted for the corresponding bill in the first reading on Friday, with the required 226 votes, Yaroslav Zheleznyak, deputy head of the committee on finance, tax and customs policy, said on his Telegram channel.

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