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CIS & Baltic States > Ukraine
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Excises and fines on rise

New specific rates of excise tax on cigarettes took effect on 1 September in Ukraine after 5% indexation

The respective bill had been approved by parliamentarians in July and signed by the president on 3 August 2014. On 15 September, the Verkhovna Rada registered Bill No 5079 “On the Introduction of Amendments to the Tax Code and Certain Other Laws of Ukraine” which had not passed in July. The Cabinet-drafted bill suggests that specific rates of excise tax on filter and non-filter...

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