KIEV, Aug. 30 – It is likely that notion of a single tax will be excluded from the new tax code, Deputy Prime Minister Borys Kolesnikov said in an interview with the Dzerkalo Tyzhnia (Mirror Weekly) newspaper.

"It's likely that the single tax notion will not exist. It's impossible to retain a situation in which corporations that earn tens of millions of dollars pay the single tax," he said in the interview, which was published on August 28 and posted on the newspaper's Web site on August 27.