Ukraine’s Verkhovna Rada passed a bill on the phased increase of excise duty on motor fuel with 231 votes, MP Yaroslav Zhelezniak reported on Telegram on Thursday. The bill is to come into effect on September 1, 2024. “The Parliament passed bill No. 11256-2 on increasing the excise tax on fuel. The LPG amendment (No. … Read more
The Verkhovna Rada adopted bills No. 11258 and No. 11259, which canceled customs duties and value-added tax on the import of generators, batteries, and equipment for wind and solar generation. The documents were supported by 305 and 313 MPs respectively. Also, tax benefits apply to equipment for mine countermeasures and equipment for the production of … Read more
The Verkhovna Rada supported at the first reading and adopted as a basis bill No. 11256-2 on increasing excise tax rates on motor fuel from July 1, 2024, which does not imply a sharp increase in the excise tax on liquefied gas (LPG). “This is the old Cabinet version of the law,” MP Yaroslav Zhelezniak … Read more
The Verkhovna Rada of Ukraine adopted bill No.8316 on a moratorium on the bankruptcy of state-owned critical infrastructure facilities during martial law plus two more years. The essence of the bill is that disputes and cases the subject of which is the state’s ownership of critical infrastructure facilities, restoration of the solvency of such facilities … Read more
The Verkhovna Rada of Ukraine adopted as a whole bill No. 11150 on amending some legislative acts of Ukraine to protect the interests of owners of land shares, as well as the application of administrative procedures in the field of land relations (registry), prepared for second reading. As MP Yaroslav Zhelezniak (Holos faction) said on … Read more
The Verkhovna Rada has made changes to the Budget Code and regulated the distribution of 12% of the normative monetary valuation of land, which will be the starting price at auctions for the transfer of land for lease, Head of the State Property Fund (SPF) of Ukraine Vitaliy Koval said. “Now 90% of such revenues … Read more
Ukraine’s parliament, the Verkhovna Rada, supported in the first reading on April 24 a bill strengthening the state’s oversight over the gambling business, lawmaker Oleksii Honcharenko said. The negative social impacts of gambling are increasingly becoming a topic of public discussion as a petition demanding restrictions on online gambling reached the president’s table in March. … Read more
The Verkhovna Rada of Ukraine has approved at first reading bill No. 9083, which envisages deregulation and denationalization of the used vehicle trade market, announced Head of the Verkhovna Rada Committee on Finance, Tax, and Customs Policy, Danylo Hetmantsev. “The Verkhovna Rada approved at first reading bill No. 9083, of which I am the initiator,” … Read more
The Asset Recovery and Management Agency (ARMA) will be able to invest 80% of the transferred seized currency funds into foreign currency government domestic loan bonds. Bill №10397 amending the law on ARMA was adopted by the Verkhovna Rada on Tuesday with 299 votes, while the minimum required was 226 votes. The explanatory note to … Read more
The Verkhovna Rada has allowed from May 1, 2024 to partially resume inspections of compliance with the requirements of the legislation of Ukraine on customs matters, including regarding the timeliness, reliability, completeness of accrual and payment of customs duties, suspended since February 24, 2022 for the period of martial law. Corresponding changes are provided for … Read more