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CIS & Baltic States > Ukraine
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Ukraine: Ad Valorem Opponents Propose Compromise

Vladimir Cherniak and Taras Stetskiv, members of the Ukrainian legislature, last week tabled in the Rada an alternative bill introducing amendments to the Ukrainian Law "On excise tax rates for tobacco products" (the document was registered on November 12). An enclosed note says the mixed system of excise collection introduced by the law of May 22, 2003, will result in growth in the production of "cheap, low-quality cigarettes." Conscious that the government is unlikely to abandon the idea...

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