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Ukraine seeks to restart economy by streamlining taxes: Zelensky
Journal Staff Report

KYIV, March 15 – The Ukrainian government has agreed on draft decisions to support the Ukrainian economy in an effort to maintain the operation of businesses and employment in places where security permits that, President of Ukraine Volodymyr Zelensky said.

"First, we are starting tax reform: instead of VAT and the income tax, we are giving a rate of 2% of turnover and simplified accounting. For small businesses - it is the first and second groups of individual entrepreneurs - we are introducing voluntary payments of the unified tax. In other words, pay if you can, but if you cannot, there are no questions," Zelensky said in a message published in the early hours of Tuesday.




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