Compromise Tax Code: Changes to be voted by parliament

09:00, 24 December 2015
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Ukraine's Cabinet of Ministers has tabled in parliament a compromise bill on amendments to the Tax Code envisaging a flat single social security tax rate at 22% along with the cancelation of a 3.6% single social security tax rate on hired personnel, and lowering the ceiling of annual revenue for single tax payers of the third group to UAH 5 million, or about $217,520 at the current official forex rate.

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