KIEV, Aug. 5 – The adoption of the new tax code will lead to a cut in the size of the shadow economy and increase Ukraine's investment attractiveness, which would in turn create jobs, representatives of the Finance Ministry and Parliament said at a press conference on Wednesday.

"The Tax Code means stability. Stability is investment. Investment is jobs," a member of the parliamentary committee for tax and customs policies, Oleh Tsarev (the Regions Party faction) said.