Experts: IT tax cuts fail to address persistent problems

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July 19, 2012, 11:08 p.m. | Business — by Maryna Irkliyenko

Parliament only July 6 reduced the corporate income and value added tax for Ukrainian software developers to 5 percent, down from 25 and 2o percent.

Maryna Irkliyenko

Kyiv Post Staff Writer

Information technology – one of Ukraine’s most promising sectors – stands to see certain taxes slashed in what lawmakers and government claim will foster growth for a sector seen as strategic for the national economy.
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