KIEV, Dec. 3 – The existing single tax system will be prolonged until amendments are made to Section 14 of the Tax Code, with these amendments having to be submitted to the Ukrainian parliament within two months of the Tax Code taking effect (January 1, 2010).

The head of the parliamentary committee for customs and tax policies, Vitaliy Khomutynnik (the Regions Party faction) said this on Thursday during the discussion of the Ukrainian president's amendments to the Tax Code.