Tax and Legal Alert

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Periodic newsletter for our clients on recent changes and specific issues in Ukrainian tax legislation.

2015

pdf Issue 17. 14 April 2015

  • Parliament approves a temporary VAT exemption for certain supplies of medical products

pdf Issue 16. 31 March 2015

  • New Law on licensing of commercial activities

pdf Issue 15. 18 March 2015

  • The tax authorities limit the right for VAT refund

pdf Issue 14. 12 March 2015

  • Increase of potential liability for a bank’s related parties

pdf Issue 13. 4 March 2015

  • NBU has strengthened currency control restrictions

pdf Issue 12. 4 March 2015

  • Changes to the rules to decrease an employer's Unified Social Contribution (USC)

pdf Issue 11. 25 February 2015

  • Government approved additional 5-10% import fee

pdf Issue 10. 25 February 2015

  • NBU implements a temporary ban on purchase of foreign currency

pdf Issue 9. 25 February 2015

  • New restrictions for advance payments under import transactions

pdf Issue 8. 18 February 2015

  • The Parliament of Ukraine passed the Law on judicial reform

pdf Issue 7. 11 February 2015

  • The Cabinet ofMinisters of Ukraine has amended the procedure to obtain a work permit for foreigners (“WP”)

pdf Issue 6. 10 February 2015

  • The discount rate of the NBU has been increased to 19.5%

pdf Issue 5. 29 January 2015

  • The tax authorities have issued Methodical recommendations regarding tax compromise

pdf Issue 4. 28 January 2015

  • The State Enforcement Service and the State Registration Service to be terminated

pdf Issue 3. 26 January 2015

  • Tax compromise (amnesty) is now available to companies effective 17 January

pdf Issue 2. 26 January 2015

  • The tax authorities have clarified the new VAT rules

pdf Issue 1. 12 January 2015

  • Parliament adopts law of an additional 5-10% import fee

2014

pdf Issue 73. 30 December 2014

  • Parliament postpones introduction of VAT accounts until 1 February 2015 with an extended trial period

pdf Issue 72. 30 December 2014

  • Parliament adopts Law introducing tax compromise (amnesty)

pdf Issue 71. 30 December 2014

  • Parliament passes major changes in Transfer Pricing legislation

pdf Issue 70. 25 December 2014

  • Major changes likely for Transfer Pricing legislation

pdf Issue 69. 5 December 2014

  • NBU to pressure banks regarding payments to non-residents

pdf Issue 68. 3 December 2014

  • The NBU has prolonged currency control restrictions

pdf Issue 67. 19 November 2014

  • President signed several Decrees aimed at relocating courts from Lugansk and Donetsk regions

pdf Issue 66. 19 November 2014

  • Draft parliamentary coalition agreement states that electronic VAT accounts should be cancelled

pdf Issue 65. 18 November 2014

  • Further restrictions on utilisation of VAT refunds

pdf Issue 64. 7 November 2014

  • 2015 VAT refund rules have changed again

pdf Issue 63. 7 November 2014

  • New template for the VAT return is adopted

pdf Issue 62. 3 November 2014

  • The NBU cancelled certain restrictions for currency operations

pdf Issue 61. 31 October 2014

  • New electronic VAT systemis likely to have negative cash flow consequences

pdf Issue 60. 31 October 2014

  • Rules for electronic administration of VAT were adopted

pdf Issue 59. 24 October 2014

  • President signed laws aimed at fighting corruption

pdf Issue 58. 24 October 2014

  • TheMinistry of Justice has approved the procedure of state registration of commercial concession (franchise) agreements

pdf Issue 57. 16 October 2014

  • Companies will be obliged to disclose their ultimate beneficiaries

pdf Issue 56. 16 October 2014

  • Parliament adopts new legislation aimed at fighting corruption

pdf Issue 55. 2 October 2014

  • Ukraine has set up a procedure for moving goods between themainland of Ukraine and Crimea

pdf Issue 54. 24 September 2014

  • Payments for services abroad are restricted?

pdf Issue 53. 23 September 2014

  • Russia plans to restrict the preferential regime on themajority of Ukrainian imported goods

pdf Issue 52. 23 September 2014

  • Currency control restrictions

pdf Issue 51. 16 September 2014

  • The European Parliament and the Verkhovna Rada of Ukraine have ratified the Association Agreement

pdf Issue 50. 12 September 2014

  • The Law on Sanctions enters into force

pdf Issue 49. 09 September 2014

  • New list of medical products subject to 7% VAT is introduced

pdf Issue 48. 05 September 2014

  • The territorial jurisdiction for the cases which are considered by the courts in the ATO zone has been

pdf Issue 47. 03 September 2014

  • The National Bank of Ukraine has introduced a ban on offsetting receivables/payables in foreign currency

pdf Issue 46. 03 September 2014

  • Changes to the valuation of individuals’ assets for tax purposes

pdf Issue 45. 01 September 2014

  • The procedure for transferring materials after a tax audit to the tax police has been amended

pdf Issue 44. 21 August 2014

  • The NBU introduced 100% mandatory sale of currency proceeds

pdf Issue 43. 20 August 2014

  • The Law of Ukraine “On performance of justice and criminal proceedings due to the execution of the anti-terrorist operation” was signed by the President of Ukraine

pdf Issue 42. 12 August 2014

  • The Law establishing a Free Economic Zone in Crimea was passed

pdf Issue 41. 5 August 2014

  • Interest income is now subject to 15% Personal Income Tax

pdf Issue 40. 1 August 2014

  • Indirect tax changes

pdf Issue 39. 1 August 2014

  • Certain CPT incentives to be abolished

pdf Issue 38. 1 August 2014

  • Individuals will pay Temporary Military Tax on personal income

pdf Issue 37. 3 July 2014

  • The Ministry of Revenues and Duties has expanded its interpretation of transfer pricing legislation

pdf Issue 36. 3 July 2014

  • New list of medical products subject to 7% VAT effective 1 July 2014

pdf Issue 35. 1 July 2014

  • Ukraine and the EU have signed the economic part of the Association Agreement

pdf Issue 34. 23 June 2014

  • Restriction on access to property registers in Donbas region

pdf Issue 33. 29 May 2014

  • Report on controlled transactions for the year 2013 is deferred to 1 October 2014

pdf Issue 32. 23 May 2014

  • Procedure on VAT bonds is approved

pdf Issue 31. 16 May 2014

  • VAT in Crimea reduced to 4%

pdf Issue 30. 13 May 2014

  • Report on controlled transactions for the year 2013 is deferred to 1 October 2014

pdf Issue 29. 29 April 2014

  • The Law On Occupied Territory came into force

pdf Issue 28. 28 April 2014

  • The list of medical goods subject to 7% VAT was approved by the Government

pdf Issue 27. 23 April 2014

  • Deadline for filing (optional) corporate profit tax returns!

pdf Issue 26. 22 April 2014

  • Report on controllable transactions for the year 2013 is expected to be deferred to 1 October 2014

pdf Issue 25. 17 April 2014

  • Crimean taxation: guidelines issued

pdf Issue 24. 16 April 2014

  • The Law On Occupied Territory was adopted by the Parliament of Ukraine

pdf Issue 23. 16 April 2014

  • Parliament adopts a new law that simplifies setting up a business in Ukraine

pdf Issue 22. 15 April 2014

  • EU temporarily removes/decreases customs duties on various Ukrainian goods

pdf Issue 21. 11 April 2014

  • Authorized exporter status for companies trading with EFTA countries and Montenegro

pdf Issue 20. 11 April 2014

  • VAT for pharmaceutical industry: recent amendments

pdf Issue 19. 9 April 2014

  • The Law “On renewal of trust to the judicial power in Ukraine”was adopted

pdf Issue 18. 9 April 2014

  • Vehicle utilisation fee and excise tax on reequipment of vehicles were cancelled

pdf Issue 17. 8 April 2014

  • VAT for pharmaceutical industry: recent developments

pdf Issue 16. 7 April 2014

  • Russian citizens limited in their stay in Ukraine

pdf Issue 15. 4 April 2014

  • VAT for pharmaceutical industry: practical issues

pdf Issue 14. 2 April 2014

  • Currency control limitations

pdf Issue 13. 1 April 2014

  • Pharmaceutical industry is subject to VAT

pdf Issue 12. 28 March 2014

  • Social guarantees for mobilised military personnel

pdf Issue 11. 28 March 2014

  • The Law“On prevention of financial collapse and creation of prerequisites for economic growth of Ukraine” was adopted

pdf Issue 10. 28 March 2014

  • VAT refund through VAT bonds

pdf Issue 9. 25 March 2014

  • Transfer pricing reporting may be postponed

pdf Issue 8. 21 March 2014

  • The Draft Law“On provision of rights and freedoms of citizens on the temporarily occupied territory of Ukraine” was adopted in the first reading

pdf Issue 7. 20 March 2014

  • Advance Corporate Tax and Foreign Exchange Losses

pdf Issue 6. 6 March 2014

  • The NBU introduced temporary restrictions for withdrawal of foreign currency

pdf Issue 5. 10 February 2014

  • New limitation of currency operations

pdf Issue 4. 29 January 2014

  • The law introducing the concept of “foreign agent-NGO” lost its legal force

pdf Issue 3. 23 January 2014

  • The lawintroducing the definition of an NGO that functions as a foreign agent came into force

pdf Issue 2. 14 January 2014

  • The form and procedure for reporting controlled transactions has been established

pdf Issue 1. 13 January 2014

  • Extension of the list of jurisdictions in the information exchange network

pdf Issue 55. 10 January 2014

  • CPT rate decreases while VAT rate remains the same

pdf Issue 54. 9 January 2014

  • The Cabinet of Ministers has issued the list of low-tax jurisdictions

2013

pdf Issue 53. 20 December 2013

  • CPT rate decreases while VAT remains the same

pdf Issue 52. 3 December 2013

  • The Ministry of Revenues and Duties offers guidance on certain TP issues

pdf Issue 51. 29 November 2013

  • The Unified Register of Single Tax Payers will substitute certificates

pdf Issue 50. 21 November 2013

  • The deadline for submission of annual statutory financial statements has been extended from 9 to 28 February

pdf Issue 49. 11 November 2013

  • The new definition of a low tax jurisdiction is one step closer to coming into force

pdf Issue 48. 25 October 2013

  • Definition of low tax jurisdiction amended

pdf Issue 47. 25 October 2013

  • The Government has adopted a number of resolutions clarifying transfer pricing rules

pdf Issue 46. 22 October 2013

  • The Highest Administrative Court of Ukraine issued a clarification on disallowing sales below cost to related parties

pdf Issue 45. 18 October 2013

  • The old tax treaty with Cyprus will continue to apply till the end of the year

pdf Issue 44. 14 October 2013

  • Expansion on rule for mandatory sale of foreign currency proceeds

pdf Issue 43. 09 October 2013

  • Voluntary VAT registration will be simplified starting from 1 January 2014

pdf Issue 42. 25 September 2013

  • CPT and VAT rates are unlikely to decrease in 2014

pdf Issue 41. 25 September 2013

  • NBU restricts hard currency salaries for expatriates

pdf Issue 40. 24 September 2013

  • Procedure established for VAT refund through treasury bills

pdf Issue 39. 18 September 2013

  • The new Ukraine-Cyprus Tax Treaty Enters into Force

pdf Issue 38. 09 September 2013

  • Doing business and investing in Ukraine guide released for 2013

pdf Issue 37. 06 September 2013

  • New Tax Treaty signed with Malta

pdf Issue 36. 29 August 2013

  • The NBU’s restrictions on cash payments

pdf Issue 35. 15 August 2013

  • The President of Ukraine signed the Law introducing criminal liability of legal entities

pdf Issue 34. 09 August 2013

  • The vehicle utilisation fee law was officially published

pdf Issue 33. 07 August 2013

  • Companies are entitled to offset ACT on dividends against monthly advance tax instalments

pdf Issue 31. 31 July 2013

  • The president signed a law introducing VAT refunds through treasury bills

pdf Issue 30. 26 July 2013

  • The Cabinet of Ministers Plans to Sign Ukraine-Malta Double Tax Treaty

pdf Issue 29. 25 July 2013

  • The President of Ukraine signed the Law ratifying the new tax treaty with Cyprus

pdf Issue 28. 09 July 2013

  • VAT refunds through treasury bills

pdf Issue 27. 09 July 2013

  • Offset of monthly ACT with advance CPT on dividends is allowed

pdf Issue 26. 08 July 2013

  • New Work Permit procedure

pdf Issue 25. 05 July 2013

  • New Ukraine-Cyprus Tax Treaty

pdf Issue 24. 05 July 2013

  • VAT refund through treasury bills

pdf Issue 23. 04 July 2013

  • The Law on new transfer pricing rules passed

pdf Issue 22. 03 July 2013

  • Changes to VAT invoices

pdf Issue 21. 20 June 2013

  • The Parliament passed in the first reading the Draft Law on transfer pricing

pdf Issue 20. 11 June 2013

  • Decrease of the NBU refinancing rate

pdf Issue 19. 30 May 2013

  • Permits for outsourcing/provision of personnel

pdf Issue 18. 24 May 2013

  • Simplification of customs procedures

pdf Issue 17. 20 May 2013

  • The NBU prolongs the effective dates of ‘90 day rule’ and mandatory sale of foreign currency

pdf Issue 16. 25 April 2013

  • Plans to simplify the procedures for obtaining work permits

pdf Issue 15. 24 April 2013

  • New Tax Treaty signed with Ireland

pdf Issue 14. 15 April 2013

  • Potential employment costs increase - USC in respect of accommodation provided to employees

pdf Issue 13. 10 March 2013

  • Documenting car usage expenses will become more simplified

pdf Issue 12. 27 March 2013

  • Recent changes in registration of foreign investments in Ukraine

pdf Issue 11. 19 March 2013

  • Tax treatment of “motivational” payments

pdf Issue 10. 19 March 2013

  • Application of VAT incentives for IT industry

pdf Issue 09. 15 March 2013

  • Special customs duties for imported vehicles

pdf Issue 08. 11 March 2013

  • Prime Minister suggests introducing VAT on imported drugs

pdf Issue 07. 26 February 2013

  • The 2005 Ukrainian classifier of economic activities will be effective till the end of 2013

pdf Issue 06. 21 February 2013

  • A new form of the Register of issued and received VAT invoices has come into force

pdf Issue 05. 20 February 2013

  • Kharkiv courts confirms ACT offset procedure

pdf Issue 04. 19 February 2013

  • Important changes in Russian law affecting Russian nationals working in Ukraine

pdf Issue 03. 06 February 2013

  • Taxpayers are entitled to offset CPT overpayments against ACT liabilities

pdf Issue 02. 17 January 2013

  • New rules for CPT advance payments

pdf Issue 01. 09 January 2013

  • Various amendments to the Tax Code

2012

pdf Issue 67. 27 December 2012

  • Unified document to confirm the state registration

pdf Issue 66. 18 December 2012

  • Customs authorities require guarantees for re-export

pdf Issue 65. 18 December 2012

  • President has signed the Budget Law for 2013

pdf Issue 64. 14 December 2012

  • Changes to the ‘Green’ Tariffs  for Electric Power

pdf Issue 63. 12 December 2012

  • Securities: new rules for corporate profits tax

pdf Issue 62. 12 December 2012

  • Special tax on transactions with securities

pdf Issue 61. 5 December 2012

  • The Ukraine-Mexico Tax Treaty to come into force

pdf Issue 60. 21 November 2012

  • The moratorium for agricultural land sale was extended until 1 January 2016

pdf Issue 59. 21 November 2012

  • The NBU establishes the mandatory sale of foreign currency for individuals

pdf Issue 58. 19 November 2012

  • A threshold for the mandatory sale of foreign currency proceeds established by the NBU

pdf Issue 57. 19 November 2012

  • The NBU introduced ‘90-day rule’ and obliged exporters to sell foreign currency proceeds

pdf Issue 56. 15 November 2012

  • The State Tax Service Clarifies the Limited Deductibility of Engineering Fees paid to Non-Residents

pdf Issue 55. 09 November 2012

  • A New Tax Treaty with Cyprus Signed

pdf Issue 54. 09 November 2012

  • New Tax Benefits for Investors under PSAs

pdf Issue 53. 08 November 2012

  • The NBU may change ‘180-day rule’ and require exporters to sell foreign currency proceeds

pdf Issue 52. 23 October 2012

  • Positive Changes to the PSA law

pdf Issue 51. 19 October 2012

  • Restrictions on cash payments

pdf Issue 50. 02 October 2012

  • Electronic Visa for Cyprus

pdf Issue 49. 26 September 2012

  • Investment incentives for priority industries

pdf Issue 48. 25 September 2012

  • Visa update

pdf Issue 47. 24 September 2012

  • Court practice regarding losses carry forward

pdf Issue 46. 19 September 2012

  • A new law on employment becomes effective on 1 January 2013

pdf Issue 45. 19 September 2012

  • Clarification of the procedure for administrative appeals

pdf Issue 44. 31 August 2012

  • Transfer pricing agreements with the tax authorities

pdf Issue 43. 22 August 2012

  • Court confirms taxpayers’ right to carry forward losses

pdf Issue 42. 08 August 2012

  • Notaries are entitled to register the rights to real estate

pdf Issue 41. 07 August 2012

  • IT industry got limited tax incentives

pdf Issue 40. 07 August 2012

  • New Free Trade Agreement between Ukraine and CIS countries

pdf Issue 39. 03 August 2012

  • Control over PDP legislation

pdf Issue 38. 26 July 2012

  • Complaints regarding the rejection of customs clearance

pdf Issue 37. 16 July 2012

  • Tax losses allowed

pdf Issue 36. 07 July 2012

  • Energy issues

pdf Issue 35. 06 July 2012

  • Incentives for the IT industry

pdf Issue 34. 06 July 2012

  • Limitationson Losses Carry-Forward

pdf Issue 33. 02 July 2012

  • Connecting to Ukrainian electricity grids and the gas transportation system

pdf Issue 32. 22 June 2012

  • New tax incentives for the IT industry vetoed

pdf Issue 31. 20 June 2012

  • Law “On the Sea Ports of Ukraine”

pdf Issue 30. 18 June 2012

  • Increased liabilities for labor law violations

pdf Issue 29. 08 June 2012

  • Electronic customs declaration is permitted for all entities

pdf Issue 28. 05 June 2012

  • Royalties for oil and gas and payments for subsoil use

pdf Issue 27. 01 June 2012

  • New customs procedures – transitional period

pdf Issue 26. 31 May 2012

  • Financial guarantees during transit

pdf Issue 25. 31 May 2012

  • New procedure for the customs treatment of royalties

pdf Issue 23. 30 May 2012

  • New classifier for economic activities

pdf Issue 22. 29 May 2012

  • Changes in Cyprus tax law open up new planning opportunities

pdf Issue 21. 25 May 2012

  • Ukraine – EFTA Free trade agreement comes into force

pdf Issue 20. 25 May 2012

  • New Tax incentives for the IT industry

pdf Issue 19. 23 April 2012

  • The new Customs Code was published

pdf Issue 18. 19 April 2012

  • President has signed the new Customs Code

pdf Issue 17. 19 April 2012

  • New Law on NonGovernmental Organizations

pdf Issue 16. 03 April 2012

  • Customs post-audits

pdf Issue 15. 03 April 2012

  • Recent customs valuation issues

pdf Issue 14. 06 March 2012

  • Verkhovna Rada passes the new Customs Code

pdf Issue 13. 06 March 2012

  • Potential delays at customs clearance

pdf Issue 12. 03 March 2012

  • Customs imposes stricter control over the origin of goods

pdf Issue 11. 27 February 2012

  • Input VAT prorata rules

pdf Issue 10.27 February 2012

  • VAT invoices in tax accounting

pdf Issue 9. 27 February 2012

  • Audits to be conducted by SCSU starting 1 April 2012

pdf Issue 08. 02 February 2012

  • Customs value database will be available to public

pdf Issue 07. 30 January 2012

  • The Highest Administrative Court of Ukraine clarifies court duty amounts

pdf Issue 06. 23 January 2012

  • Container recycling fee for importers cancelled

pdf Issue 05. 20 January 2012

  • Tax evasion may result in a 10-year jail sentence for the responsible parties

pdf Issue 04.16 January 2012

  • Liability for non-compliance with personal data protection legislation will be applied from 1 July 2012

pdf Issue 03.11 January 2012

  • Excise tax rates and rates of certain other taxes and duties have been increased

pdf Issue 02.10 January 2012

  • Land reform and new real estate registration procedure postponed until 1 January 2013

pdf Issue 01.10 January 2012

  • Procedures related to closing down a business appear to be simplified

2011

pdf Issue 61.30 December 2011

  • The Law on decriminalization of economic crimes comes into force on 18 Jan 2012

pdf Issue 60.29 December 2011

  • President of Ukraine vetoed the new edition of the Customs Code

pdf Issue 59.27 December 2011

  • Parliament adopted Draft Budget Law for 2012

pdf Issue 58.22 December 2011

  • Ukrainian residents will be allowed to pay in UAH abroad

pdf Issue 57.22 December 2011

  • Environmental tax: changes in the tax authorities’ approach

pdf Issue 55.08 December 2011

  • Liability for non-compliance with personal data protection legislation will be enhanced in 2012

pdf Tax Litigation Newsletter 3.07 December 2011

pdf Tax Newsletter 9.23 November 2011

pdf Issue 54.18 November 2011

  • Changes to the Tax Code on simplified tax regime

pdf Issue 53.10 November 2011

  • The tax authorities propose a new regime for carrying forward losses

pdf Issue 52.9 November 2011

  • President of Ukraine has vetoed 0% VAT rate on the export of grain and industrial crops

pdf Issue 51.3 November 2011

  • New Customs Code of Ukraine approved

pdf Issue 50.21 October 2011

  • 0% VAT rate has been re-introduced on the export of grain and industrial crops

pdf Issue 49.20 October 2011

  • Temporary residence permits available for spouses of foreign employees

pdf Issue 48.10 October 2011

  • On-line access to the Unified State Register of Legal Entities and Private Entrepreneurs has become available

pdf Issue 47.3 October 2011

  • Tobacco Advertisement and New Limitations

pdf Issue 46.29 September 2011

  • Environmental tax: potential exposure

pdf Issue 45.26 September 2011

  • Ukrainian Anti-corruption legislation has changed

pdf Issue 44.22 September 2011

  • Changes to the form of Income Statement

pdf Issue 43.21 September 2011

  • Amendments to list of documents for work permit application and simplification of employment regime for foreigners of Ukrainian origin

pdf Issue 42.21 September 2011

  • Pension Reform – increase in the retirement age and minimum insurance term

pdf Issue 41.21 September 2011

  • Unified social contributions increase from 1 October 2011

pdf Issue 40.20 September 2011

  • Restriction of previous years' losses carrying forward

pdf Issue 39.30 August 2011

  • Introduction of model charters for legal entities

pdf Issue 38.18 August 2011

  • Simplification of employment regime for Foreigners of Ukrainian origin

pdf Issue 37.16 August 2011

  • Amendments to customs declarations

pdf Issue 36.16 August 2011

  • The Law introducing electronic registration of companies is now effective

pdf Issue 35.15 August 2011

  • Tariff classification decisions of customs authorities are available online

pdf Tax Litigation Newsletter 2.12 August 2011

pdf Tax Newsletter 8.9 August 2011

  • Amendments to the Tax Code: Personal income tax

pdf Issue 34.8 August 2011

  • An additional basis for voluntary registration as a VAT payer

pdf Tax Newsletter 7.5 August 2011

  • Amendments to the Tax Code: VAT

pdf Tax Newsletter 6.5 August 2011

  • Amendments to the Tax Code: Corporate profits tax and administration

pdf Issue 33.2 August 2011

  • New CIS Rules of Origin for Customs Purposes

pdf Issue 32.2 August 2011

  • President signed the Law on Court Duty / Fees

pdf Issue 31.13 July 2011

  • Law on State Land Cadastre

pdf Issue 30.30 June 2011

  • New visa legislation

pdf Issue 29.23 June 2011

  • Maximum number of participants in LLCs is increased

pdf Issue 28.15 June 2011

  • All general activity permits in one law

pdf Issue 27.14 June 2011

  • Introduction of export duties for grain

pdf Issue 26.14 June 2011

  • VAT exemption on consulting services cancelled

pdf Issue 25.7 June 2011

  • Simplification of business set up

pdf Issue 24.7 June 2011

  • Labour safety legislation to be changed

pdf Issue 23.7 June 2011

  • Enforcing immigration compliance for dependents and business visitors

pdf Issue 22.6 June 2011

  • Toughening of procedures at Border Control

pdf Issue 21.6 June 2011

  • Latest changes in immigration authority procedures

pdf Issue 20.6 June 2011

  • Quotas on grain export are cancelled

pdf Issue 19.25 May 2011

  • Law on increasing the maximum number of participants in LLCs adopted by the Parliament

pdf Issue 18.20 May 2011

  • Introduction of export duties for grain

pdf Issue 17.19 May 2011

  • VAT exemption on consulting services cancelled

pdf Issue 16.13 May 2011

  • State registration certificates for legal entities and individual entrepreneurs are abolished

pdf Issue 15.22 April 2011

  • Setting up business to become simpler

pdf Issue 14.21 April 2011

  • Change in authorities approach during tax audits - "benefits in kind"

pdf Issue 13.24 March 2011

  • Tax office focusing on royalties

pdf Issue 12.23 March 2011

  • Tax planning for Quarter 1 CPT return

pdf Issue 11.22 March 2011

  • New construction law enters into force

pdf Issue 10.18 March 2011

  • Automatic VAT refund

pdf Issue 9.12 March 2011

  • Peculiarities of completion of VAT invoices

pdf Issue 8.25 February 2011

  • New list of offshore jurisdictions

pdf Issue 7.23 February 2011

  • Changes in currency regulations for foreign investments

pdf Issue 6.18 February 2011

  • Limitation period to challenge tax assessments in court

pdf Tax Newsletter 5.28 January 2011

  • Tax Code: Key changes in VAT treatment of services

pdf Tax Newsletter 4.25 January 2011

  • Tax Code: Key changes impacting the alternative energy industry

pdf Issue 5.25 January 2011

  • Mandatory registration of agricultural export contracts

pdf Issue 4.14 January 2011

  • Beneficial ownership test applies from 1 January 2011

pdf Issue 3. 14 January 2011

  • Abolishment of Pension Fund charge on purchase of foreign currency

pdf Tax Newsletter 3.13 January 2011

  • Key changes related to personal income tax

pdf Tax Newsletter 2.11 January 2011

-
  • Key changes related to Corporate Profits Tax

pdf Issue 2. 11 January 2011

  • New form of VAT invoice and a Register of output and input VAT invoices

pdf Tax Newsletter 1.11 January 2011

  • Key provisions related to Value Added Tax

pdf Issue 1. 11 January 2011

  • Pension Fund charge on purchase of foreign currency reintroduced

2010

pdf Issue 77. 30 December 2010

  • VAT exemption now available for temporary import

pdf Issue 76. 27 December 2010

  • The Customs service introduces a regime of good faith

pdf Issue 75. 14 December 2010

  • Mandatory sale of proceeds in foreign currency may be introduced

pdf Issue 74. 3 December 2010

  • Customs stresses explanations

pdf Issue 73. 3 December 2010

  • Tax Code developments

pdf Issue 72. 2 December 2010

  • Tax Code adopted by Parliament

pdf Issue 71. 30 November 2010

  • President vetoes Tax Code

pdf Issue 70. 25 November 2010

  • News on the Tax Code

pdf Issue 69. 25 November 2010

  • Limitation of losses

pdf Issue 68. 19 November 2010

  • New Tax Code is adopted by the Parliament

pdf Issue 67. 18 November 2010

  • Payments under guarantee/surety agreements abroad

pdf Issue 66. 12 November 2010

  • A new treaty between Cyprus and Ukraine is expected to be signed shortly

pdf Issue 65. 12 November 2010

  • Simplified implementation of investment projects

pdf Issue 64. 9 November 2010

  • Late recognition of input VAT

pdf Issue 63. 2 November 2010

  • Customs announces major reforms

pdf Issue 62. 29 October 2010

  • Customs treatment of commissions paid to buying agents

pdf Issue 61. 29 October 2010

  • Customs valuation of medicines imported for clinical trials

pdf Issue 60. 28 October 2010

  • Breach of the procedural rules should not impact a tax assessment

pdf Issue 59. 26 October 2010

  • Customs authorities improve control over customs valuation

pdf Issue 58. 26 October 2010

  • VAT registration for new companies

pdf Issue 57. 18 October 2010

  • Tax office rulings and explanations

pdf Issue 56. 15 October 2010

  • Customs clearance will be quicker

pdf Issue 55. 07 October 2010

  • Draft Tax Code adopted in the first reading

pdf Issue 54. 07 October 2010

  • Restriction on ability to adjust tax returns

pdf Issue 53. 01 October 2010

  • Filing annual financial statements with the tax authorities

pdf Issue 52. 30 September 2010

  • Draft Tax Code: Changes to the simplified / unified tax system

pdf Issue 51. 30 September 2010

  • Draft Tax Code: Key Changes to Individual Tax

pdf Issue 50. 27 September 2010

  • Terms of salary payment

pdf Issue 49. 24 September 2010

  • Tax Code Draft: No deduction for royalties and service fees paid to non-residents

pdf Issue 48. 22 September 2010

  • Draft Tax Code. Key VAT changes

pdf Issue 47. 13 September 2010

  • Disclosure of the entire ownership structure

pdf Issue 46. 13 September 2010

  • Registration of rights for usage and management of real estate

pdf Issue 45. 13 September 2010

  • New instruction: immigration card use is limited

pdf Issue 44. 7 September 2010

  • Approval of draft Tax Code postponed

pdf Issue 43. 1 September 2010

  • Issuance of VAT bonds – fourth tranche

pdf Issue 42. 31 August 2010

  • Issuance of VAT bonds – third tranche

pdf Issue 41. 30 August 2010

  • Issuance of VAT bonds

pdf Issue 40. 27 August 2010

  • Additional Administration for employers and other "tax agents"

pdf Indirect Tax Newsletter 01. 25 August 2010

  • Interpretation of the VAT Law by the Higher Administrative Court of Ukraine

pdf Issue 39. 5 August 2010

  • New tax legislation signed

pdf Tax Newsletter 01. 06 August 2010

  • Newsletter on draft Tax Code

pdf Issue 38. 4 August 2010

  • Issue of VAT bonds

pdf Issue 37. 4 August 2010

  • 2010 tax loss limitation

pdf

  • New version of the draft Tax Code officially published

pdf Issue 35. 4 August 2010

  • Hague Apostille Convention entered into force between Ukraine and Germany

pdf Issue 34. 26 July 2010

  • Reconciliation of tax accounting differences

pdf Issue 33. 26 July 2010

  • Law on Public-Private Partnership

pdf Issue 32. 22 July 2010

  • Tax treaties: tax authorities start to consider beneficial ownership test

pdf Issue 31. 14 July 2010

  • Pension fund contributions for private entrepreneurs

pdf Issue 30. 9 July 2010

  • Judicial Reform in Ukraine to start

pdf Issue 29. 9 July 2010

  • Single social contributions

pdf Issue 28. 9 July 2010

  • Free Trade Agreement between EFTA states and Ukraine

pdf Issue 27. 8 July 2010

  • The adoption of the Tax Code is postponed until September

pdf Issue 26. 1 July 2010

  • Tax Incentives for Euro 2012

pdf Issue 25. 1 July 2010

  • Recent legal developments

pdf Issue 24. 18 June 2010

  • Potential impact of losses carry forward restriction

pdf Issue 23. 18 June 2010

  • Draft Tax Code

pdf Issue 22. 17 June 2010

  • Changes to tax legislation

pdf Issue 21. 10 June 2010

  • Deadline for VAT bonds application

pdf Issue 20. 09 June 2010

  • Draft Tax Code approved by the Government

pdf Issue 19. 02 June 2010

  • Procedure of issuing VAT bonds

pdf Issue 18. 31 May 2010

  • 2010 Proposed tax incentives for Euro 2012

pdf Issue 17. 27 May 2010

  • 2010 State Budget Law

pdf Issue 16. 25 May 2010

  • Anti Money Laundering Law

pdf Issue 15. 21 May 2010

  • New changes in tax legislation

pdf Issue 14. 18 May 2010

  • Taxation of dividends

pdf Issue 13. 17 May 2010

  • Improvement to the foreign investment regime: latest developments

pdf Issue 12. 28 April 2010

  • Facilitation of foreign investment regime

pdf Issue 11. 16 April 2010

  • Potential changes to tax legislation

pdf Issue 10. 31 March 2010

  • Changes to the Foreign Investment Regime

pdf Issue 9. 19 March 2010

  • Changes to the Foreign Investment Regime

pdf Issue 8. 12 March 2010

  • Registration of foreign investments

pdf Issue 7. 9 March 2010

  • Taxation of Foreign nationals in Ukraine

pdf Issue 6. 26 February 2010

  • Closed JSC and Private JSC no longer require to publicly disclose information

pdf Issue 5. 29 January 2010

  • 2010 Tax Resident certificates issued

pdf Issue 4. 20 January 2010

  • Law on the Simplification of Entrepreneurial Activity

pdf Issue 3. 19 January 2010

  • Tax authorities reject 2010 tax resident status applications

pdf Issue 2. 14 January 2010

  • Taxation of foreign nationals

2009



pdf Issue 44. 26 November 2009

  • Expropriation of private land for public needs

pdf Issue 43. 24 November 2009

  • Amendments for the tax legislation for financial institutions

pdf Issue 39. 30 October 2009

  • VAT - registration of tax invoices suspended

pdf Issue 1. 14 January 2009

  • Changes to excise and customs duty rates