Ukraine Parliament Considers Bill on Temporary Relief for Payers of Single Tax, Due to War

The Ukrainian Parliament (Verkhovna Rada) Feb. 6 accepted for consideration Bill No. 15010, on temporary tax relief measures for payers of the single tax, due to the ongoing Russia-Ukraine conflict. The bill includes measures to: 1) set a zero percent single tax rate for third group payers of the single tax, including small and medium-sized enterprises (SMEs), regardless of VAT payment or the inclusion of VAT in the single tax, for Q1 and Q2; 2) set a rate of up to 10 percent of the minimum wage rate for second group payers of the single tax, based on tax year ...