News 2 - The Verkhovna Rada of Ukraine adopted as a Basis the Bill "On Amendments to certain Laws of Ukraine regarding the development and Preparation of the Hotel Infrastructure for the Conduction in Ukraine of the Final part of European Football Championship 2012" - Verkhovna Rada of Ukraine

The Verkhovna Rada of Ukraine adopted as a Basis the Bill "On Amendments to certain Laws of Ukraine regarding the development and Preparation of the Hotel Infrastructure for the Conduction in Ukraine of the Final part of European Football Championship 2012"

Published on 21 May 2010, at 12:05

The bill (Reg. No6309) is aimed at the provision of the necessary preparation for the successful conduction in Ukraine of the final part of European Football Championship 2012, in particular it concerns stimulation of the activity connected with the building (reconstruction) of new and exploitation of newly built hotels. It suggests exempt from taxation for 10 year term (starting from 1 January 2011) of hotels (5 stars, four stars and three stars) in case such hotels were put into operation before 1 September 2012.

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