KIEV, July 27 - The Cabinet of Ministers has proposed that companies implementing investment projects in priority economic sectors be exempted from obligatory profit tax until 2018.

It is planned to exempt from profit tax those enterprises that implement investment projects worth more than EUR 3 million for large entrepreneurs, EUR 1 million for medium businesses, and EUR 500,000 for small companies. In addition, the number of new jobs should exceed 150 people for large companies, 50 persons for medium businesses and 25 people for small companies.