Business news from Ukraine

Business news from Ukraine

UKRAINE MUST IMMEDIATELY ABOLISH VAT, EXCISE ON FUEL

12 March , 2022  

President of Ukraine Volodymyr Zelensky said that the Verkhovna Rada should immediately abolish the value added tax and excise tax on fuel.

He noted that the Cabinet of Ministers has already taken several very important decisions. In particular, the complete abolition of value added tax and excise tax on fuel (gasoline and diesel) was agreed upon.

According to the head of state, this is being done not only in the context of the upcoming sowing campaign, but also based on the needs of all citizens.

“So that there is no shortage of fuel in the country and prices are stable. The government has done its part of the work. Now it is up to the MPs. They must immediately support this decision with their vote,” Zelensky said in a video message on Saturday.