Tuesday, May 5, 2015

Law on Amendments to the Tax Code on Credit Obligations


The President signed Law № 321-VIII of April 9, 2015 "On Amendments to the Tax Code of Ukraine Concerning Credit Obligations".


The draft law is designed to meet the requirements of the Law of Ukraine "On the Moratorium on Alienation of Property of Citizens Ukraine Provided as Collateral for Loans in Foreign Currency". The law regulates a number of issues related to the repayment of debt denominated in foreign currency and provides taxpayers some tax preferences.

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