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Ukraine approves 'historic' war tax hike to help cover defense spending

The bill will raise a military tax on residents from 1.5% to 5% and see corporate tax on banks' profits climb to 50% for the year.


  • Oct 11 2024
  • 1
  • 261 Views
Ukraine approves 'historic' war tax hike to help cover defense spending
Ukraine approves 'historic' war tax hike to help cover defense spending
Ukrainian serviceman operating a tank.ROMAN PILIPEY/AFP via Getty Images
  • Ukraine approved a wartime tax increase on Thursday.
  • The new law will raise war tax from 1.5% to 5% for resid… [+1798 chars]

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