On 26 October 2015, 114 parliament members (deputies) registered in parliament a draft law to revise Ukraine's Tax Code. The proposed measures are quite different from the reform measures proposed by the Ministry of Finance, which includes a 20% flat tax rate for individual income tax, corporate tax and value added tax ({News-2015-09-16/P/3- previous coverage}).
The main draft measures proposed by the deputies are as follows:
- The corporate tax rate would be reduced from 18% to 15%, and woul…