The Verkhovna Rada of Ukraine, after consideration, rejected both draft resolutions to cancel its decision of November 9 to adopt at the final reading draft law No. 10016-d on amending the Tax Code and the law on the collection and accounting of single social security tax on the resumption and expansion of tax audits. As … Read more
The Verkhovna Rada has authorized, until December 31, 2024, one-time sales of Russian and Belarusian rubles in non-cash form from accounts in resident banks that were frozen with the onset of full-scale aggression, through non-Russian and non-sanctioned banks. Some 242 MPs voted for corresponding amendment No. 62 to law on improving state regulation of financial … Read more
The Verkhovna Rada on Wednesday, with 253 supporting votes, adopted bill No. 10037 on the redirection of the so-called “military” personal income tax from local budgets to the state budget to channel these funds primarily to the purchase of drones and weapons, Head of the parliamentary budget committee Roksolana Pidlasa has said. “The key provisions … Read more
Among the priority measures to reform the Bureau of Economic Security (BES) is the reformatting of the composition of the competition commission by appointing the director of the BES. This follows from bill No. 10088 “On priority steps to reform the Bureau of Economic Security of Ukraine” published on the website of the Verkhovna Rada. … Read more
The Ukrainian parliament has reintroduced a 18% turnover tax for online casino operators, Danylo Hetmantsev, the Chair of the parliamentary Finance Committee, reported via Telegram on Aug. 10. According to Hetmantsev, this will generate at least UAH 1.5 billion ($41 million) in annual fiscal revenue. Ukrainian MP Yaroslav Zheleznyak clarified that the 18% tax aims … Read more
The Verkhovna Rada of Ukraine has exempted from value added tax (VAT) a number of goods entering Ukraine for security and defense purposes. Relevant bill No. 9467 on amendments to the transitional provisions of the Tax Code regarding the specifics of the import of goods into the customs territory of Ukraine for security and defense … Read more
The Verkhovna Rada adopted in the final reading bill No. 9011-d on amendments to certain laws regarding the restoration and green transformation of the power system of Ukraine. The bill was supported by 279 MPs at the plenary session on Friday, MP Oleksiy Honcharenko has said. The bill, in particular, provides for guarantees of the … Read more
The Verkhovna Rada of Ukraine has abolished the 2% single tax from August 1, member of the Holos faction Yaroslav Zhelezniak said. Particularly, 239 MPs voted for bill No. 8401 [based on the program with the International Monetary Fund] on the abolition of the 2% single tax at the plenary session of the Verkhovna Rada … Read more
The Verkhovna Rada of Ukraine supported at first reading government bill No. 8401 on the abolition of the 2% single tax and other benefits for entrepreneurs from July 1, 2023, which is one of the conditions for cooperation with the IMF and the delay of which caused concern. According to information on the parliament’s website, … Read more
The Verkhovna Rada, Ukraine’s parliament, passed bill No. 9107-1 at first reading on April 11, which lays down the grounds to nationalize the Russian-owned Sense Bank – former Alfa-Bank Ukraine, according to the parliament’s website. The bill concerns the procedure for the withdrawal of banks owned by sanctioned individuals from the market. The document authorizes the … Read more