Ukraine's Ministry of Digital Transformation is consulting on a draft proposal for the introduction of a new intellectual property (IP) regime. The regime would provide for an 80% reduction in taxable income derived from the use of qualifying IP, with the remaining 20% subject to the standard 18% corporate rate. An 80% reduction would also be provided on the basis for social security contributions. Qualifying companies would be required to perform the related R&D activities in Ukraine in line with the modified nexus approach and qualifying IP income would include income from patents, industrial designs, utility models, software, and trade...