The excise duty on tobacco is scheduled to be increased by 29.7% in 2018 and then by 20% annually by 2025 until the EU minimum standard, set at EUR 90 per 1,000 pieces, is achieved.
Ukrgazvydobuvannia was the largest taxpayer in 2017 with UAH 50.4 billion, or US$1.75 billion, transferred to the Ukrainian budget.
Ukraine on January 1 put Estonia on a watchlist of countries that it finds help businesses and individuals avoid paying tax; Estonia wasn't officially informed, according to the English-language online portal of the radio and TV organization Estonian Public Broadcasting (ERR).
Limitations on tax-free parcels from abroad, which will introduce payment of 20% VAT, 10% import duty and excise when an individual receives more than three parcels by international postal and express mail per month with a total price of over EUR 150, will become effective from January 1, 2019.
Ukraine has cancelled value added tax and excise tax on imports of electric cars in 2018, according to amendments to the Tax Code of Ukraine and some legal acts.
Executive Director of the European Business Association (EBA) Anna Derevyanko says the Association has improved Ukraine's tax index for 2017, which is an indicator of the country's tax climate and reflects the efficiency of the Ukrainian State Fiscal Service (SFS).
Ukrainian Prime Minister Volodymyr Groysman is convinced that Ukraine may achieve economic growth at 5-7% in 2018 while the draft national budget for next year projects 3%.
The Large Taxpayers Office under the State Fiscal Service of Ukraine in January-September revealed questionable transactions worth UAH 6 billion, or US$223 million, due to the monitoring of risk transactions during a campaign designed to declare current VAT liabilities, according to the Office's website.
Ukrainian President Petro Poroshenko has signed into law the bill amending the Tax Code of Ukraine in the part of taxation of income of non-residents who invest in securities, according to the presidential press service.
The Prosecutor General's Office (PGO) of Ukraine has closed a criminal case earlier opened against incumbent Ukrainian Finance Minister Oleksandr Danyliuk on charges of tax evasion, according to the portal Hromadske.ua with reference to government sources.
Ukraine's State Fiscal Service (SFS) has announced it will return tax overpayments to enterprises whose assets are located in temporarily occupied areas in Donetsk and Luhansk regions in eastern Ukraine in keeping with court rulings only.
The National oil and gas holding Naftogaz of Ukraine has transferred UAH 13.3 billion of 2016 dividends to the state budget, according to the company's press service.
Ukrainians paid almost UAH 2 billion, or $73.7 million, in war tax to the national budget January through February 2017, according to the State Fiscal Service.
A technical mission of the International Monetary Fund (IMF) on tax policy has completed its work in Ukraine as part of a two-week visit, according to the Ukrainian Finance Ministry.
Ukrainian President Petro Poroshenko has signed the into law the bill amending the Tax Code in terms of taxation of inheritance, to simplify registration of inheritance for second-order heirs, the presidential press service reports.