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Prime Minister: New Tax Code provides zero value-added tax for certain transactions
Sep 3, 2010 at 14:00 | Interfax-Ukraine"Law, consulting and audit firms would not pay VAT," he added, presenting the draft Tax Code in Kyiv on Friday.
Azarov said that VAT rates would be cut.
He said that it is planned to automate the reimbursing of VAT and resume the payment of fines for delays in VAT reimbursement by the state at 120% of the discount rate set by the National Bank of Ukraine (NBU, currently 7.75% per annum).