The Cabinet of Ministers of Ukraine has expanded the list of “low-tax” jurisdictions from 65 to 80 countries, adding 17 countries (Morocco, the United Arab Emirates and 15 others) and deleting two countries (French Guiana and Lesotho).
The list contained in the decree adopted by the Cabinet of Ministers on 27 December 2017 included 22 new low-tax jurisdictions but five of them (Estonia, Georgia, Hungary, Latvia and Malta) are expected to be removed from the list, although the revised list has not yet been officially published.
