Rada ratifies amendments to convention between Ukraine, Switzerland for avoidance of double taxation

Ukraine’s Verkhovna Rada has ratified a Protocol on Amendments to the Convention between the Government of Ukraine and the Swiss Confederation for avoidance of double taxation with respect to taxes on income and capital. An Interfax-Ukraine correspondent has reported that a total of 307 MPs backed bill No. 0004 on ratification of the amendments on … Read more

Rada ratifies amendments to treaty between Ukraine, Turkey for avoidance of double taxation

Ukraine’s Verkhovna Rada has ratified a protocol on Amendments to the Convention between the Government of Ukraine and the Republic of Turkey for avoidance of double taxation with respect to taxes on income and real estate. An Interfax-Ukraine correspondent has reported that a total of 320 MPs backed bill No. 0005 on ratification of the … Read more

Rada ratifies changes to energy annex to EU-Ukraine Association Agreement

The Verkhovna Rada of Ukraine has ratified amendments to Annex XXVII to the Association Agreement between Ukraine and the EU. Some 231 people’s deputies voted for the corresponding bill at a meeting of the parliament on June 6. “Updated Annex XXVII to the Association Agreement provides for new energy standards that will bring Ukraine closer … Read more

Rada extends moratorium on farmland sale until 2020

The Verkhovna Rada has approved bill No. 9355-5 on extending the moratorium on the sale of agricultural land until January 1, 2020. Some 231 people’s deputies voted for the document. As reported, the bill was supported by the parliamentary committee on agrarian policy and land relations. The draft law, in particular, stipulates that the Cabinet … Read more

Rada passes bill regulating food labeling

Ukraine’s Verkhovna Rada on Thursday passed at second reading bill No. 8450 on information about food for consumers, regulating the rules of food labeling and introducing fines for giving untrue information on labels. A total of 231 lawmakers backed the document. “The main purpose of the bill is to ensure that consumers are properly informed … Read more

Verkhovna Rada has extended privileges for the importation of electric cars for another four years

Verkhovna Rada has decided to extend the preferential treatment of the importation of electric cars until the end of 2022. The corresponding changes are provided for by law No. 9260, which was supported by the deputies. Preferential treatment provides for the abolition of payment of VAT (20% of the value of the car) and excise … Read more

Rada rejects European integration bill adapting legislation in field of intellectual property

The Verkhovna Rada has rejected the European integration bill, which adapts the Ukrainian legislation in the field of intellectual property to the EU legislation in terms of the rights to protect inventions and utility models. An Interfax-Ukraine correspondent said corresponding bill No. 7538 on amending certain legislative acts of Ukraine regarding the improvement of the … Read more

Rada declines bill to strengthen creditor rights

Ukraine’s Verkhovna Rada did not support clarification to the recently adopted law of Ukraine on strengthening creditors’ rights (bill No. 6027-d “On Amending Certain Legislative Acts of Ukraine Regarding Renewal of Crediting”). Only 203 lawmakers voted for the measure, 13 fewer than the required minimum of 226 votes. “According to Article 131 of parliament’s regulations, … Read more