Ukraine plans to reinstate pre-war taxes, documentary tax audits, and fines from July 2023, the head of the parliamentary committee on finance, tax, and customs policy, Danylo Hetmantsev, said on Ukrainian national television on March 29, news agency Ukrinform reported. Hetmantsev said that on average, the state collects about UAH 80 billion ($3 billion)in taxes and fees … Read more
The Verkhovna Rada has strengthened the protection of intellectual property rights and provided for the use of a one-time monetary penalty instead of withdrawing from circulation of goods manufactured or introduced into it in violation of the relevant rights. A total of 286 MPs voted for the adoption of this European integration bill No. 6464 … Read more
The Ukrainian parliament has approved a decree on the introduction of economic sanctions against financial institutions in the Russian Federation, an MP from the Holos faction, Yaroslav Zheleznyak, reported on his Telegram on Feb. 23. The Verkhovna Rada supported the Decree of Ukrainian President Volodymyr Zelenskyy on the application of sectoral sanctions for 50 years against all … Read more
The Verkhovna Rada adopted law No. 8079 with 303 votes, out of the required 226, banning the gambling business from working under the simplified taxation system. “In the final version, it comes into force immediately, and from the next day the entire gambling business will switch to the full rate of taxation. So, guys, do … Read more
The Ukrainian parliament has passed the Bill №4366, which establishes digital payments taxation rules, Ukrainian MP Yaroslav Zheleznyak announced via a Telegram post on Jan. 12. The decision was supported by 231 out of 418 sitting MPs. The bill would legalize and regulate digital currency operations in Ukraine, establishing parity between digital wallets and ordinary … Read more
The Verkhovna Rada adopted law No. 7420 amending the Customs Code of Ukraine for joining the convention on a common transit procedure of May 20, 1987 and participating in the New Computerized Transit System (NCTS), which is used by the contracting parties to the convention – the so-called “customs visa-free regime.” Some 275 MPs voted … Read more
The Cabinet of Ministers has tabled in the Verkhovna Rada a bill on the abolition of preferential tax rates for fuel. Yaroslav Zhelezniak, first deputy head of the Verkhovna Rada Committee on Finance, Tax and Customs Policy, wrote this on Telegram. The text of the bill has yet to be published but, according to Zhelezniak, the … Read more
Head of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy Danylo Hetmantsev denies a possibility of imposing an additional 10% import duty on non-critical imports, while the abolition of a list of critical imports of services is still being discussed, he said in an interview with Interfax-Ukraine. “During the meetings, the Ministry of … Read more
The Verkhovna Rada of Ukraine has approved the decision to restore customs duties and value-added tax (VAT) on imported goods, including vehicles, from July 1, Deputy Chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Yaroslav Zhelezniak said. Respective bill No. 7418 submitted by the government gained 234 votes of parliamentarians, while … Read more
On Thursday, the Verkhovna Rada approved by 334 votes a decree of President Volodymyr Zelensky dated May 11 on the forced seizure of assets of Russia’s Sberbank and VEB.RF in Ukraine, MPs report from a meeting room. According to MP Oleksiy Honcharenko, we are talking about the financial assets of the Ukrainian subsidiary of Sberbank … Read more