The government is preparing a single draft law on taxes, which provides for VAT for individual entrepreneurs, The draft law will introduce taxation of online platforms and a duty on all foreign parcels. The draft law will be submitted to the Verkhovna Rada in the coming days.
New tax initiatives
According to the information RBC-Ukraine, The Cabinet of Ministers of Ukraine has prepared a single draft law on tax changes. The document provides for:
- Introduction of a value added tax for individual entrepreneurs
- Taxation of internet platforms
- Imposing a duty on all parcels coming from abroad
The draft law is expected to be submitted to the Verkhovna Rada in the coming days.
IMF requirements
The adoption of this draft law is a condition for receiving funding from the International Monetary Fund. Ukraine has to fulfil a number of obligations to continue cooperation with the IMF IMF.
The introduction of new taxes is aimed at increasing state budget revenues and ensuring the country's financial stability.
Context.
In recent years, the authorities have repeatedly initiated changes in the taxation of individual entrepreneurs and e-commerce. International partners, including the IMF, insist on broadening the tax base and combating tax evasion.
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