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Ukraine Planning New Taxes to Increase Revenue

|Proposed Changes|Ukraine
Ukraine

The Ukraine government is reportedly planning to introduce new taxes to increase revenue. The new taxes included a 0.1% military tax on the profits of companies and income of individual entrepreneurs, a 1.5% tax on precious metals, a 30% tax on jewelry, and a 10% tax on movable property. The government is also considering a VAT rate increase. Details on the implementation of any new taxes and tax increases will be published once available.

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