You're reading: Yanukovych signs ‘Klitschko amendments’ to Tax Code

Ukrainian President Viktor Yanukovych has signed law No. 657-VII amending the Tax Code of Ukraine concerning the accounting and registration of taxpayers on Friday, according to the president's press service.

The Verkhovna Rada, Ukraine’s parliament, passed the law on October 24.

The approved law contained an amendment, stating that “if a person has the right to permanent residence in a foreign country, such a person is considered to be one who does not live in Ukraine.”

The UDAR parliamentary faction said that the passing of this amendment was a provocation against its leader Vitali Klitschko that could prevent him from running for president in 2015.

On the same day, at the evening sitting of the parliament, Klitschko announced his intention to run for president of Ukraine.