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Ukraine Notes Starts of Voluntary Disclosure Tax Amnesty

|Approved Changes|Ukraine
Ukraine

The Ukraine Ministry of Finance has issued a release noting the start of the voluntary disclosure tax amnesty program for individuals that was introduced by Law No. 1539-IX and provides reduced tax (fee) rates for previously undeclared income/assets on which tax has not been paid in relation to any tax periods that took place before 1 January 2021. As previously reported, this includes rates of 5% and 9% in relation to previously undeclared income/assets held domestically and abroad, respect…

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