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GAAP.RUNewsUkrainian banks still hope for “VAT-bonds”

Ukrainian banks still hope for “VAT-bonds”

Publication date: 21 June 2010

Ukraine’s unique invention, VAT (value added tax) bonds were originally expected to be issued by the government before 1 July 2010. Those long-term financial securities are expected to be used for automatic VAT recovery.

Ukraine’s unique invention, VAT (value added tax) bonds were originally expected to be issued by the government before 1 July 2010 – the vice-president of the Association of Ukrainian Banks (AUB) Vladimir Bondar informed that banks still hoped for those financial securities’ issue.