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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