Business news from Ukraine

Business news from Ukraine

PROFILE COMMITTEE OF PARLIAMENT OF UKRAINE RECOMMENDS ABOLISHING BENEFITS FOR IMPORT OF GOODS

On Thursday, the Verkhovna Rada Committee on Finance, Tax and Customs Policy recommended that the parliament adopt as a basis and in general government bill No. 7418 on the abolition of duties and VAT on imported goods, including cars, from July 1.
The draft document was supported by 19 committee members, four abstained.
In addition, the bill will provide for a provision allowing the government to provide mirror benefits for duties on foreign goods, where zero duties are set for similar Ukrainian items. We are talking about mutual recognition of the liberalization of the terms of trade, in particular in the EU.
As Yury Draganchuk, Deputy Minister of Finance, noted during the discussion, the government is developing a draft law on simplified customs clearance of cars through Diya.
As reported, bill No. 7418 amending the Tax Code and other laws on the return of all customs duties and VAT on imported goods, including cars. He also proposes to resume taxation, which was abolished by law No. 2142, for goods imported by single tax payers of the first and third groups, since on average the budget loses about UAH 3 billion in import duties on this benefit per month.

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UKRAINIAN DEPUTIES PROPOSE TO PARLIAMENT TO ABANDON DUTY-FREE IMPORT OF CARS

A group of people’s deputies propose to the Parliament to refuse exemption from import duties, excise tax and VAT on car imports, bill No. 7311, the text of which is posted on the website of the Verkhovna Rada, testifies. the budget received less than 350 million hryvnia, and now the daily amount of benefits is 100 million hryvnia.
At the same time, not isolated cases of the importation of premium cars were recorded, the authors of the bill note, among them is the head of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Daniil Getmantsev.
The bill also proposes to return taxation for goods imported by single tax payers of the first or third group.
The authors of the bill point out that during the week of such relaxations, the budget received less than UAH 417 million.
As reported, on March 24, 2022, the Verkhovna Rada of Ukraine, in order to stimulate important imports for the country, among a number of goods for the period of martial law, exempted the import of vehicles by citizens from taxation (cars, motorcycles, trucks and buses).
According to the State Customs Service, over the month, Ukrainians have issued more than 19,000 cars on preferential terms, which created problems and delays for the import of humanitarian aid.

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UKRAINIAN PARLIAMENT EXTENDS MARTIAL LAW UNTIL MAY 25

The Ukrainian parliament (Verkhovna Rada of Ukraine) has extended martial law in Ukraine for another 30 days, that is, until May 25, 2022, MP Yaroslav Zhelezniak (the Holos faction) has said.
“Parliament met again today and adopted… We voted on a number of important decisions,” Zhelezniak said on his Telegram channel on Thursday.
According to him, the extension of the martial law in Ukraine is stipulated in bill No. 7300 on approval of the presidential decree on extension of the martial law in Ukraine, for which 300 MPs voted.

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THE UKRAINIAN PARLIAMENT IN 1ST READING SUPPORTED 50% INCREASE IN TAXES FOR INTERNATIONAL COMPANIES THAT REFUSED TO LEAVE RUSSIA

The Verkhovna Rada adopted bill No. 7232 as a basis, which provides for the application of a coefficient of 1.5 to the rates of corporate income tax, environmental tax, rent and property tax for companies that refused to leave the Russian market. 309 people’s deputies voted for the corresponding bill in the first reading on Friday, with the required 226 votes, Yaroslav Zheleznyak, deputy head of the committee on finance, tax and customs policy, said on his Telegram channel.

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PRESIDENT OF EUROPEAN PARLIAMENT ROBERTA METSOLA CONFIDENT IN UKRAINE’S EUROPEAN FUTURE

President of the European Parliament Roberta Metsola said that the European Union should give Ukraine hope for a European perspective.
“Ukraine, more than ever before, now looks to the European Union as its destination. We must respond with honesty but also with the hope that they desperately need. Of course, every country must have its own path, which can be a complex one, but the European future of Ukraine should not be in doubt,” the head of the European Parliament said, speaking on Thursday at the European Council summit in Brussels.
“We must be ready, but more importantly we must be willing to do what is necessary to provide a future without fear for those arriving at our borders,” Metsola said.
According to her, the EU has an obligation to play a leading role in organizing these efforts.
“The face of Europe we must show must be one of open hearts and open homes,” the head of the European Parliament said.

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CHAIRMAN OF PARLIAMENT: NOW 26 DEPUTIES ABROAD

As of Wednesday, 26 MPs are abroad, about ten of them are members of the Ukrainian delegation to the Parliamentary Assembly of the Council of Europe (PACE), and the rest are members of the Opposition Platform – For Life faction, Chairman of the Verkhovna Rada Ruslan Stefanchuk has said.
“As of this morning, according to the information I have, 26 MPs are abroad. But I must emphasize that about ten of them are the women deputies who were sent by me to the Parliamentary Assembly of the Council of Europe in order for them to defend the decision that PACE made yesterday regarding the exclusion of Russia from the Assembly,” the speaker said on the air of the 1+1 TV channel.
At the same time, he stressed that members of the Opposition Platform – For Life faction are now mostly not on working trips abroad.
“The reasons for their departure are not known. I didn’t send them on a working trip. But they are there. As for the future, they should be given political responsibility by the Ukrainian people in the next elections. But I think that it will not be limited to this either, because those who committed crimes against the Ukrainian people, who were collaborators, committed high treason, in addition to political responsibility, they will definitely incur criminal liability,” Stefanchuk specified.

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