News taxes

Tax Service meets budget revenue target ahead of schedule

Tax Service meets budget revenue target ahead of schedule

Finance Minister says the results testify to the successful efforts toward de-shadowing.
13:10, 25 November 2020
IMF criticizes Ukraine's tax policy

IMF criticizes Ukraine's tax policy

The IMF says tax policy in Ukraine is engaged in two fronts at once.
12:45, 24 November 2020
Tax on new passenger cars in Ukraine may soar from 2021

Tax on new passenger cars in Ukraine may soar from 2021

Taxpayers are individuals and enterprises (including foreign ones) registered as owners of cars.
15:55, 16 November 2020
Ukraine's lawmakers estimate budget revenue from tax on transnational companies

Ukraine's lawmakers estimate budget revenue from tax on transnational companies

Legislators are mulling over taxation of large translational companies that provide e-commerce services in Ukraine.
15:25, 02 November 2020
Tax chief wants bank secrecy disclosure to make Ukrainian migrant workers pay taxes in Ukraine

Tax chief wants bank secrecy disclosure to make Ukrainian migrant workers pay taxes in Ukraine

Some US$2.3 billion was wired to Ukraine via money transfer systems.
11:05, 27 October 2020
NYT: Trump paid no income taxes in 10 out of 15 years beginning in 2000

NYT: Trump paid no income taxes in 10 out of 15 years beginning in 2000

Trump paid just $750 in income taxes in 2016, the year he was elected president.
09:00, 28 September 2020
Cabinet approved amendments to Tax Code for 2021 national budget

Cabinet approved amendments to Tax Code for 2021 national budget

The amendments contain norms toward improving the conditions for doing business and quality of tax administration.
15:55, 15 September 2020
Over 3,000 Ukrainians declare over UAH 1 mln in income for 2019

Over 3,000 Ukrainians declare over UAH 1 mln in income for 2019

From January to April, Ukrainians submitted over 200,000 asset declarations.
17:50, 18 May 2020
Ukraine's Rada passes bill to extend tax relief period for businesses amid coronavirus

Ukraine's Rada passes bill to extend tax relief period for businesses amid coronavirus

The draft law was backed by 333 lawmakers.
16:40, 14 May 2020
Finance Ministry mulling tax holidays for Ukrainian businesses – PM Shmyhal

Finance Ministry mulling tax holidays for Ukrainian businesses – PM Shmyhal

It is important to prevent the collapse of the public finance system, according to the prime minister.
14:20, 12 May 2020
SBU suspects ex-officials of Ukraine's tax service of VAT fraud

SBU suspects ex-officials of Ukraine's tax service of VAT fraud

The officials' activities resulted in tax evasion in particularly large amounts.
15:15, 08 May 2020
Ukrainian budget's receipts from single social security tax grow by 8.5% in Jan-April

Ukrainian budget's receipts from single social security tax grow by 8.5% in Jan-April

The receipts in April alone shrank by 3.8%, to US$842.3 million.
14:00, 08 May 2020
EU, U.S. call on Ukraine authorities not to risk long-term reforms following reshuffles in customs, tax services

EU, U.S. call on Ukraine authorities not to risk long-term reforms following reshuffles in customs, tax services

Earlier, the Cabinet appointed acting chiefs of the two agencies.
14:40, 27 April 2020
"Political decision": Verlanov on own dismissal from top post in tax service

"Political decision": Verlanov on own dismissal from top post in tax service

Verlanov has also filed a report with the Prosecutor General's Office, accusing ex-finance minister of libel.
19:40, 25 April 2020
Naftogaz pays nearly US$889.6 mln in taxes, dividends in Q1

Naftogaz pays nearly US$889.6 mln in taxes, dividends in Q1

Revenue from Naftogaz Group accounted for over 13.1% of total national budget revenue in the period under review.
13:40, 15 April 2020
Ukraine's tax agency: VAT balance grows by 64% in Q1

Ukraine's tax agency: VAT balance grows by 64% in Q1

The Finance Ministry's VAT task for the first quarter has been completed by 101.7%.
15:35, 06 April 2020
Ukraine's tax service abolishes penalties for non-registration of tax, excise invoices amid quarantine

Ukraine's tax service abolishes penalties for non-registration of tax, excise invoices amid quarantine

No sanctions will be imposed for violations related to electronic administration of VAT and excise tax from March 1 to May 31, 2020.
13:20, 24 March 2020
Ukraine's budget falls short of US$1 bln in excise payments because of shadow fuel market

Ukraine's budget falls short of US$1 bln in excise payments because of shadow fuel market

The Accounting Chamber makes every effort so that the state receives taxes in full.
23:58, 28 February 2020
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