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The Nexus
BUSINESSJul 14 · 22:03 UTCKYIV POSTOlena Hrazhdan

Should Ukraine Tax Banks’ Windfall Profits?

Ukraine's parliament is extending a 50% windfall tax on bank profits for the third time, causing tension between tax chief Danylo Hetmantsev and the National Bank. The National Bank warns the tax will harm lending, while independent economists argue it replaces stalled reforms.

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