Ukraine could abolish tax breaks for int'l cos that remained in Russia

KYIV. April 29 (Interfax-Ukraine) - Ukraine could abolish tax breaks for companies linked to Russia.

The Verkhovna Rada Committee on Finance, Tax and Customs Policy recommended that the parliament adopt at the second reading bill No. 7232 amending the Tax Code to increase a number of taxes for businesses that have not left the Russian market.

The deputy head of the committee, Yaroslav Zhelezniak, said on Telegram following a meeting on Friday that a number of changes to the bill are proposed for the second reading.

Among them are the mandatory indication of ties with the Russian Federation in the labeling and advertising of goods of such companies, the loss of benefits for Diia.City, from "investment nannies", tax incentives for direct taxes, as well as the inability to obtain a license for gambling.