Since the beginning of this week, the demand for milling wheat has increased in the ports of Greater Odesa and Danube, APK-Inform news agency reported.
“The purchase prices for this crop were supported by the increased demand of importers to cover the positions under the previously concluded agreements, while the restrained supply also supported the prices. At the same time, the currency factor contributed to the increase in hryvnia wheat prices,” the analysts explained.
According to them, in the ports of Greater Odesa, the purchase prices for milling wheat increased by $1-2 per ton and as of December 26, 2024, were in the range of $208-215 per ton on CPT-port terms. At the same time, in the Danube ports, the increase in demand prices averaged $2 per ton and was recorded in the range of $209-215 per ton on CPT-port terms compared to the end of last week.
Hryvnia prices (CPT-port basis) increased by 50-150 UAH/ton and are mainly in the range of 9.9-10.3 thousand UAH/ton.
“The minimum and close to them prices were mainly declarative in nature and were close to the prices of feed wheat,” summarized APK-Inform.
The taxation system in the Netherlands is quite diverse. Let’s take a brief look at some of its features.
Taxes for legal entities are as follows.
1) Corporate income tax (CIT):
The rate ranges from 19% on profits up to EUR 200,000, to 25.8% on profits over EUR 200,000.
There are a number of peculiarities here, for example, resident companies are taxed on global income, while non-residents are taxed only on income from sources in the Netherlands. Under certain conditions, dividends and capital gains may be exempted from taxation under the substantial participation exemption.
2) Value added tax (VAT) ranges from the standard rate of 21% to a reduced rate of 9% (applicable to certain goods and services) and even to a zero rate of 0% (for exports and some specific cases). It is worth noting that businessmen are required to register as VAT payers and submit declarations on a quarterly basis.
3) Dividend tax, with a rate of 15%, is withheld when paying dividends to shareholders. The rate may be reduced or eliminated under international double taxation treaties.
4) Capital gains tax – gains from the sale of capital assets are usually included in the taxable base and taxed at standard corporate tax rates.
5) Social security contributions for employees should not be forgotten. Employers are obliged to withhold and remit social security and healthcare contributions for all their employees.
In the Netherlands, the taxation system allows you to register as a private entrepreneur. In this case, the businessman will have income tax obligations, the rate of which is 9.32% for income up to 38,098 euros (including the national insurance contribution of 27.65%, the total rate is 36.97%), 36.97% for income from 38,098 to 75,518 euros, and income over 75,518 euros per year is taxed at a rate of 49.50%.
Individual entrepreneurs are also required to pay social security and healthcare contributions, the amount of which depends on their income. Sole proprietorships are required to register as VAT payers and file quarterly tax returns, similar to legal entities.
There is also a real estate tax, with property owners paying an annual tax, the amount of which depends on the cadastral value and is set by local authorities.
The inheritance and gift tax applies to recipients of inheritance or gift, with rates depending on the degree of kinship and the value of the property received.
In general, the Dutch tax system is characterized by progressive rates and a variety of taxes, which requires a careful approach to tax planning. It is recommended to consult with professional tax advisors on a regular basis to ensure compliance with the current legal requirements.
http://relocation.com.ua/osoblyvosti-podatkovoi-systemy-niderlandiv-korotkyj-analiz/
The European Investment Bank (EIB) is considering providing EUR 400 million in financing for a pilot project to build social housing in Ukraine, the press service of the Institute for Economic Research and Policy Consulting (IER) reports.
“Negotiations are currently underway to provide EUR 400 million in funding, which will consist of a grant and a loan for the construction of public housing. This should be housing in normally built-up parts of the city, with access to technical and social infrastructure,” said Grzegorz Gajda, Senior Sector Economist at the EIB, as quoted in the press release.
He noted that the housing should be built using the best European practices, in accordance with energy-efficient standards and the principle of build-back-better.
The project envisages the construction of about 6-6.5 thousand apartments. The EIB will select areas for social housing construction based on the needs of the regions and their interest in cooperation.
Along with this, the conditions for renting housing are being discussed. In particular, it is proposed to allocate social housing to employed Ukrainians with a salary not lower than the average, as well as to give local authorities the opportunity to transfer 20-30% of apartments for rent to people selected according to their own criteria, taking into account the professionals needed in the region.
According to the expert, the project also envisages finding opportunities for the social housing sector to independently finance its operations and maintenance to avoid the need for state funding for housing maintenance.
As the IER points out, at the beginning of 2022, there were only 3 thousand social apartments in Ukraine, while the number of internally displaced persons (IDPs) at the end of the year amounted to more than 5 million people. According to the International Organization for Migration, there are about 3.6 million internally displaced persons in Ukraine as of October 2024.
As of December 27, Ukraine exported 21.256 mln tonnes of grains and pulses since the beginning of the 2024-2025 marketing year (July-2024 – June-2025), of which 2.882 mln tonnes have been shipped since the beginning of the current month, the press service of the Ministry of Agrarian Policy and Food reported, citing the State Customs Service.
According to the report, as of the same date last year, the total shipments amounted to 17.484 million tons, including 4.387 million tons in December.
In particular, since the beginning of the current season, Ukraine has exported 9.613 mln tonnes of wheat (7.255 mln tonnes in 2023/24 MY), 1.968 mln tonnes of barley (991 thsd tonnes), 10.8 thsd tonnes of rye (1 thsd tonnes), and 9.351 mln tonnes of corn (9.097 mln tonnes).
The total exports of Ukrainian flour since the beginning of the season as of December 27 are estimated at 37 thsd tonnes (in 2023/24 MY – 57 thsd tonnes), including 33.9 thsd tonnes of wheat (54.2 thsd tonnes).
In January-November 2024, Ukraine increased imports of tin and tin products by 17.8% to $2.850 million. Exports of tin during this period increased almost fivefold to $389 thousand, compared to $79 thousand in the same period in 2023. In November, tin imports amounted to $203 thousand, while exports amounted to $40 thousand.
Tin is used mainly as a safe, non-toxic, corrosion-resistant coating in its pure form or in alloys with other metals. The main industrial uses of tin are in white tinplate (tinned iron) for food containers, in solders for electronics, in house pipelines, in bearing alloys, and in coatings made of tin and its alloys. The most important tin alloy is bronze (with copper).
The team of Astarta Agro Holding, the largest sugar producer in Ukraine, has successfully conducted a review audit to confirm the effectiveness of actions required to support the UN World Food Program (WFP), the press service of the agricultural holding reported on Facebook.
According to the report, WFP representatives confirmed the safety of the products supplied by the holding under various humanitarian programs after an on-site audit at one of the company’s sugar factories this fall.
“Astarta has been successfully cooperating with the UN World Food Program since the beginning of 2022. During this time, we have supplied about 18 thousand tons of products for humanitarian missions in Ukraine. Thanks to the involvement of new reliable small and medium-sized business producers in Ukraine – members of the holding’s agro-industrial ecosystem – Astarta has increased the volume and range of products that meet the needs of humanitarian aid, and in addition to sugar, it has become possible to supply canned beans and oatmeal,” the agricultural holding said.
“Astarta assured that it will maintain the volume and pace of current deliveries and expand cooperation with other Ukrainian producers in the framework of cooperation with WFP to provide food to people in emergencies, as well as work to improve the quality of food for its supply to vulnerable populations both in Ukraine and abroad.
“Astarta is a vertically integrated agro-industrial holding company operating in eight regions of Ukraine. It includes six sugar factories, agricultural enterprises with a land bank of 220 thousand hectares and dairy farms with 22 thousand cattle, an oil extraction plant in Globyno (Poltava region), seven elevators and a biogas complex.
In 2023, the agricultural holding reduced its net profit by 5.0% to EUR 61.9 million, and its EBITDA decreased by 6.1% to EUR 145.77 million, while revenue increased by 21.3% to EUR 618.93 million.
