draft laws

№2576 Draft law on amendments to the Tax Code of Ukraine on fair taxation of personal income in the range of 10x to 17x of the minimum wage

The aim of a draft law

The purpose of the draft law is to eliminate the injustice associated with disproportionate taxation of the monthly personal income from the range of 10 minimum wages to the range of 17x of  subsistence minimum for able-bodied persons and possibilities for so-called tax optimization by paying premiums rather than wages, which will increase social and labor protection of employees and provide an opportunity to increase revenues of the respective budgets.

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