Parliament amends Tax Code to improve investment climate

Parliament amends Tax Code to improve investment climate

The Verkhovna Rada of Ukraine has approved the law on amending the Tax Code with regard to improving the investment climate.

A total of 240 MPs have supported relevant bill No.5368, an Ukrinform correspondent reports. 

The law is aimed at improving the investment climate in Ukraine by simplifying the tax system, increasing transparency and the quality of tax administration, liquidating widespread tax evasion schemes and lack of coordination.

The law also introduces a single database of individual tax consultations on the website of the State Fiscal Service.


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