Zelensky hikes taxes on Ukrainians ...News

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Zelensky hikes taxes on Ukrainians
Residents will pay between 1.5% and 5% more starting December 1 Ukraine’s Vladimir Zelensky signed into law an unpopular tax increase on Thursday to help remedy the country’s growing budget deficit. The relevant document was published on the website of the country’s parliament, the Verkhovna Rada. The bill, which has drawn sharp criticism from the opposition and the public, was approved by parliament in October.  The first major hike since the escalation of the conflict with Russia will see individuals pay between 1.5% and 5% more of their incomes. A ‘war tax’ is also being introduced for entrepreneurs and small b

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