On 2 December 2010, the parliament adopted the Tax Code of Ukraine. The new rules on corporate
income tax will apply with effect from 1 April 2011. The amendments include the following.
General
| - | The corporate income tax rate is gradually reduced from the current 25% to 16% over 3 years. From 1 April 2011, the rate will be set at 23%. In 2012, the rate will be further reduced to 21%, and in 2013 to 19%. … |