Rada at first reading backs 50% increase in some taxes for intl companies refused to leave Russian market – MP

The Verkhovna Rada adopted at a first reading bill No. 7232, which provides for the application of a coefficient of 1.5 to the rates of corporate income tax, environmental tax, royalty and property tax for companies that refuse to leave the Russian market. A total of 309 MPs backed the bill at the first reading … Read more

Rada adopts bill on increasing royalty for gas production

The Verkhovna Rada adopted bill No. 7038-d on increasing the royalty for gas production during martial law and the state of emergency, MP Yaroslav Zhelezniak (the Holos parliamentary faction) has said. “No. 7038-d – an increase in the royalty for gas production during martial law and a state of emergency,” the MP said, mentioning the … Read more

Rada supports creation of backup copies of public information resources

At a plenary session on Tuesday, the Verkhovna Rada supported bill No. 7152 on the introduction of amendments to certain laws of Ukraine regarding the functioning of information and communication systems, public electronic registers. A total of 345 MPs backed the document with the necessary 226 votes. According to an explanatory note to the document, … Read more

Rada ratifies Ukraine and the EU agreement on a common aviation area

The Verkhovna Rada ratified the Agreement between Ukraine and the European Union on the Common Aviation Area. 311 deputies voted for the ratification of the agreement on Thursday. The purpose of the agreement is the gradual creation of common airspace between Ukraine and the EU and its Member States, based, in particular, on identical rules … Read more

Rada adopts law on virtual assets with president’s proposals

The Verkhovna Rada has adopted, taking into account presidential amendments, the law on virtual assets, which refers this market to the regulation of the National Securities and Stock Market Commission and the National Bank of Ukraine (NBU). Some 272 deputies supported Bill No. 3637 at the regular plenary session on Thursday at the second reading … Read more

Parliament approves law on energy efficiency

The Verkhovna Rada of Ukraine has adopted law No.4507 “On energy efficiency”. According to an Ukrinform correspondent, 282 MPs voted in favor of the relevant document at second reading, with the required minimum being 226 votes. The draft law is a framework one and establishes the basic legal, economic and organizational principles of energy efficiency … Read more

Cryptocurrency legalization. People’s deputies support the law on virtual assets

The Verkhovna Rada passed the law №3637 “On Virtual Assets.” The document was supported in the second reading by 276 people’s deputies. “The purpose of the Law is to comprehensively regulate the relations arising from the creation, release, and circulation of virtual assets, in particular, concluding and executing transactions with them, as well as ensuring … Read more

Ukrainian parliament amends law on industrial parks

The Verkhovna Rada, Ukraine’s parliament, has adopted amendments to the law “On Industrial Parks” aimed at attracting investment in the industrial sector of the economy by introducing incentives in industrial parks. According to an Ukrinform correspondent, 290 MPs voted for a respective bill, No. 4416-1, at its second reading. According to the explanatory note, the … Read more