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27 January 2016

Ukraine's reduction in income and social tax rates discussed

At the end of 2015, the Parliament of Ukraine made several changes to the current tax law of Ukraine. In particular, the changes affect the personal income tax rates and simplify and reduce the rates for Unified Social Tax. The respective changes will impact employers operating on the Ukrainian market and employees (both Ukrainian citizens and foreign assignees to Ukraine).

A Tax Alert prepared by Ernst & Young's Human Capital Group, and attached below, provides additional details.

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Document ID: 2016-0186

 

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