A flat income tax, possibly of 10%, is under government discussion as part of a wide-ranging tax change package

Monday, October 28, 2019
A flat income tax, possibly of 10%, is under government discussion as part of a wide-ranging tax change package

A flat income tax, possibly of 10%, is under government discussion as part of a wide-ranging tax change package, says a participant in a government working group. Separately, Economy Minister Tymofiy Milovanov proposes a debate on adjusting taxes to “provide incentives for job creation, increase salaries, and reduce unemployment.” Writing on his Facebook page Sunday, Milovanov proposes lowering personal income taxes, raising real estate taxes, and improving VAT collection. Ukraine’s rock bottom real estate taxes explain why many cities are blighted with buildings that stand vacant for years on end.

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