Soon a draft law will be developed in Ukraine that will make it possible to consolidate all social taxes into one and at the same time reduce the tax rate to 20%, said President of Ukraine Viktor Yushchenko, speaking before representatives of leading American companies at the US Chamber of Commerce in Washington. \n"Our goal is to bring the overall basket of social taxes down to 20%, possibly as a single payment," Yushchenko emphasized. - "This is the goal we are working on today, and we think that in the near future we will be able to obtain a legislative response," noted the Ukrainian President. \nV. Yushchenko also emphasized that the new Ukrainian government understands that "one of the conflicts that existed in the Ukrainian economy between the government and business is a conflict caused by high taxes and a narrow base." \n"Our policy is different - minimizing the direct tax burden and expanding the tax base," stated the head of the Ukrainian state. \n
UKRAINE PLANS TO INTRODUCE A SINGLE SOCIAL TAX
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