Armenia: wage taxes not to overload entrepreneurs

The proposed amendments to the Tax Code plan a 23% flat income tax, which in turn will reduce year-by-year and reach 20%, Deputy Minister of Finance Arman Poghosyan told lawmakers at hearings of the economic affairs committee. A representative of a civil society organization asked the official, which countries they’d observed in terms of experience…

Ukraine: industrial output up in March 2019

Industrial output in Ukraine grew by 2.1% YoY in March without taking into account the adjustment for the calendar day effect, after a 1.8% fall in February. The growth in industrial output in March, with the calendar day adjustment, accelerated to 2.7% after a 1.8% decline in February, the Ukrainian State Statistics Service said on…