Economy

Electronic VAT administration system will launch with trial period from February 1 until July 1, 2015 - Yatseniuk

The parliamentary coalition and the Cabinet of Ministers of Ukraine have agreed that the electronic value added tax (VAT) administration system will be launched with a trial period lasting from February 1, 2015 until July 1, 2015.

"The trial period for running electronic VAT administration system is envisaged from February 1 until July 1," Ukraine's Prime Minister Arseniy Yatseniuk announced at a meeting of the Verkhovna Rada on December 28.

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