National Reforms Council to consider draft tax reform on Aug 27

As reported, the Finance Ministry is developing a draft of the tax reform, which is to be presented by September and is scheduled to start come into effect on January 1, 2016. Ukrainian President Petro Poroshenko called for the development of the tax reform to be accelerated at the prevision meeting of the council, adding that he was concerned over the pace of the preparation for tax reform and its synchronization with the budget process.