Ukraine To Cut Tax On Medical Supplies

By Editorial 21 April, 2014

Ukraine's Cabinet of Ministers has appealed to parliament to immediately approve a bill to reduce tax rates for medicines and medical products, as well as the approval of a visa-free regime with the European Union.

The government wants to introduce amendments to the Customs and Tax Codes to cut the tax rate on medicines from 20 percent to 7 percent.

Prime Minister Arseniy Yatsenyuk also said that Ukraine needs to move forward in its plan for visa liberalization with the EU.

Ukraine's parliament, the Verkhovna Rada, is also considering a bill designed to make public procurement transparent, open, competitive, and compliant with European standards.

Tags: Tax | Tax Rates | Standards | European Union (EU) | Ukraine | Expats | Travel | Visas And Passports | Europe | Tax |


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