Ukraine’s Verkhovna Rada on Tuesday adopted in the second reading and in general draft law No. 5448-d on principles and requirements for organic production, circulation and labeling of organic products. Some 237 lawmakers voted in favor, 11 more than the required minimum of 226 votes. The bill proposes a penalty for the sale of products … Read more
Ukrainian President Petro Poroshenko has signed and intends to register a bill on exit capital tax in the Verkhovna Rada in the near future. “This should not be the business of the president. This should be the business of our united team. Then we will win just as we won during the voting on the … Read more
The Verkhovna Rada on June 21 at second reading and as a whole adopted the law on currency at the third attempt. According to an Interfax-Ukraine correspondent, 228 people’s deputies voted for the adoption of the law with corrections (except for editing No. 261) with the quorum being 226 votes. Some deputies demanded a re-vote, … Read more
The Verkhovna Rada intends to extend the ban on the clear felling of fir and beech forests on the mountain slopes of the Carpathian region. A total of 259 MPs voted on Tuesday, April 3, for the first reading of bill No. 6749 on amendments to some laws of Ukraine on the introduction of a … Read more
The Verkhovna Rada of Ukraine has settled the issue of construction of new roads in Ukraine on the concession conditions. A total of 233 lawmakers backed bill No. 6766 at second reading on Tuesday. According to the explanatory note to the document, concession roads are roads of higher quality, which meet high standards, since the … Read more
The Verkhovna Rada has adopted amendments to the Tax Code to ensure the balance of budget revenues in 2018, which foresees an increase in excise duties for tobacco products by 29.7%, environmental tax rates by 11.2%, and royalty (apart from production of extractable resources) by 16.8%. According to an Interfax-Ukraine correspondent, 252 deputies voted for … Read more
The Verkhovna Rada has extended the moratorium on the sale of agricultural land until January 1, 2019. Some 236 people’s deputies voted for relevant bill No. 7350 at a meeting on Thursday. According to the explanatory note to the bill, before the introduction of agricultural land in Ukraine, it is first necessary to develop and … Read more
The Verkhovna Rada committee on agricultural policy and land relations has proposed amending the land legislation in terms of taxation so as to bring the land rent market out of the “shadows.” The committee’s deputy head, Oleksandr Bakumenko, wrote this on his Facebook page, citing his speech at a meeting between President Petro Poroshenko and … Read more
Ukraine’s Verkhovna Rada has passed at first reading amendments to the Tax Code of Ukraine ensuring the balance of budget revenue in 2018. The amendments include the increase in the excise duties for tobacco by 29.7%, environment tax rates by 11.2% and royalty (apart from production of extractable resources) by 16.8%. An Interfax-Ukraine correspondent reported … Read more