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Cabinet promises to reduce taxes

Cabinet promises to reduce taxes
Government of Ukraine will engage in tax reform in respect to liberalization of state tax policy, as Ukraine’s PM Victor Yanukovich told journalists on the press-conference.

“First, we will reduce taxes; and secondly, we will create flexible mechanisms of tax payment,” the head of the government noted.

According to Yanukovich, it is necessary to bring actions of tax-payers and tax bodies in correspondence with the legislation in force.

“We know that the so-called indirect taxes have been greatly increased. We will correct this system,” the Premier underlined.