On 31 May 2010, the State Tax Administration of Ukraine ("STAU") issued Letter No. 10506/7/16-1517-16 on VAT credit for imports of equipment under operational leases.

On 29 June 2010, the Ukrainian Parliament passed the law "On Amending Certain Legislative Acts of Ukraine to Improve State Regulation in Housing Construction".

On 8 July 2010, the Ukrainian Parliament passed the law "On Amending the Legislative Acts of Ukraine, "On the State Budget for 2010"; and, "On Mandatory State Pension Security".

On 18 March 2010, the Ukrainian Pension Fund issued Letter No. 4460/03-20 on pension contributions for foreigners employed by representative offices of non-residents in Ukraine.

On 8 July 2010, the Ukrainian Parliament passed the law "On Single Mandatory State Social Security Contribution and its Accounting".

On 8 July 2010, the Ukrainian Parliament passed the law "On Amending Certain Legislative Acts of Ukraine with regard to the Development and Preparation of Hotel Infrastructure for the Final Part of the European Football Championship 2012 in Ukraine".

On 14 June 2010, STAU issued Letter No. 6817/5/17-0716 and No. 11557/7/17-0717 on taxation of non-residents.

On 14 April 2010, STAU issued Letter No. 7394/7/22-5017 on certificates of tax paid by non-residents to repatriate investments.

On 8 August 2019, Ukraine deposited its instrument of ratification of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI).

Despite the cold cyclones and rainy weather, May introduced many Law and Tax updates in Ukraine.

Ukrainian government amended and approved a list of medical products which will be taxed at 7% VAT (Resolution № 410 of 03 September 2014) while importing and selling.

Ukraine has introduced special VAT taxation rules for electronic services.

Harking back to the Vodafone India case, the State Tax Service of Ukraine has recently clarified that a non-resident purchaser must withhold tax on capital gains derived by a non-resident seller in the case of a sale of shares in a Ukrainian company.

The Draft Law on Amendments to the Tax Code of Ukraine

Ukraine is strengthening its position as an IT hub of choice by adopting new legislation aimed at creating favourable tax and legal conditions for tech companies operating in the country and fostering further investment in the sector.

At the beginning of 2022, a special legal and tax regime for Ukraine-registered tech companies called Diia City became fully operational [for more details please see our overview of the Diia City regime].

The Parliament of Ukraine has decreased the personal income tax rate from 18% to 9% under certain conditions.

The respective amendments have been introduced by the Law "On amendments to the Tax Code of Ukraine and other legislative acts of Ukraine as regards improvement of administration...