OrbitaxOrbitax

Ukraine Considering Tax Exemption for Individuals Under the Age of 27 and Repeal of the "War Tax"

|Proposed Changes|Ukraine
Ukraine

The Ukraine parliament is reportedly considering draft Law No. 2250, which was submitted on 9 October 2019 and provides an income tax and social security tax exemption on employment income of individuals under the age of 27. The parliament is also considering draft Law No. 2252, which was submitted on 10 October 2019 and provides for the repeal of the so-called "War Tax". The tax was introduced as a temporary measure in 2014 at the rate of 1.5% on the same tax base as general individual incom…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.