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Zelenskyy announced the launch of tax reform

Tuesday, 15 March 2022, 01:02
Zelenskyy announced the launch of tax reform

Olha Hlushchenko - Tuesday, 15 March 2022, 02:02

The President of Ukraine, Volodymyr Zelenskyy announced that tax reform is starting in Ukraine. It envisions, in particular, the abolition of all inspections for all businesses.

Source: Zelenskyy in a video message

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Direct speech: "First: we are starting a tax reform. Instead of VAT and income tax, we give a 2% turnover rate and simplified accounting. We set a voluntary single tax for small businesses - and this is the first and second groups of sole proprietors. Meaning please pay if you can. You can't - no questions asked."

"Second: Maximum business deregulation. We cancel all checks for all businesses so that everyone can operate normally. So that the cities come to life. So that wherever there are no hostilities, life goes on."

"There is only one condition: you ensure the normal operation of your business within the framework of Ukrainian law."

"These are just the first two steps of our tax reform. To be continued".

Details: Zelenskyy clarified that the Cabinet of Ministers had put together a package of solutions to support the Ukrainian economy - making business work and ensuring "people have work" where it is secure to have it.

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