More changes in the tax law of Ukraine to come
Mazars in Ukraine offers to your attention analysis and summary of information given by the State Tax Service, National Bank of Ukraine, and other state authorities related to the tax law changes:
- PIT on dividends: What to pay attention at?
- When determining taxes and duties (including customs duties) during the day, the official exchange rate of hryvnia to foreign currencies and of precious metals set by NBU and valid at 00:00 of the relevant calendar day should be applied
- Starting from 14 April 2014 the special duty rate on imported vehicles has been decreased:
- for imported vehicles with 1-1.5 l engine volume – from 6.46% down to 4.31%;
- for imported vehicles with 1.5-2.2 l engine volume – from 12.95% down to 8.63%
- On 18 April came into force the Law of Ukraine No. 1191-VII which cancelled the environmental tax for recycling withdrawn from service vehicles and the excise tax on re-equipment of the imported into the customs territory of Ukraine vehicles into excisable passenger cars.
- Simplification of business operation: The Verkhovna Rada of Ukraine has adopted the law which simplifies business operation in Ukraine and cancels requirement of producing and using stamps for business operations.
- Transfer Pricing: The State Service of Ukraine has initiated a draft law which proposes to postpone the deadline for reporting from 1 May to 1 September 2014.
- The Ministry of Revenue and Duties of Ukraine reports on the first results of its activities
Download our Tax Alert below and read more about these changes
