Authors of the country’s new draft Tax Code propose to cut the standard value added tax (VAT) rare for non-cash transactions from current 18 percent to 15 percent.
The new draft tax code provides for gradual reduction in the VAT rate for non-cash transactions.Authors of the country’s new draft Tax Code propose to cut the standard value added tax (VAT) rare for non-cash transactions from current 18 percent to 15 percent.