The Committee on Taxation and Customs Policy recommends that the Parliament should adopt in the second reading the refined draft law on amendments to the Tax Code of Ukraine re capital income taxation

Information Department of the Verkhovna Rada of Ukraine Secretariat
Published on 03 July 2014, at 09:56

Committee members agreed that passive income, including percentage, earned from deposits will be taxed at a linear rate amounting to 15%.

“I think the Parliament will uphold such amendments to the bill (Reg. No. 4101a),” explained the Committee Chair Vitalii Khomutynnik

The deputies have also agreed that in case the bill is adopted, the document shall come into force on August 1, this year.

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