Kyiv Environment Newsletter

We would like to draw your attention to the following fact: Commencing 1 January 2018, the payers of environmental tax should apply the respective tax rates increased by 11.2 percent when determining the environmental tax liabilities that are to accrue from 1 January 2018 and are due on taxable items.

Pursuant to Section 240.1 of Article 240 of the Tax Code of Ukraine, payers of environmental tax include business entities, legal entities that do not carry out business (entrepreneurial) activities, budgetary institutions, socially-owned and other companies, establishments and organizations, non-residents' permanent representative offices, including those carrying out agency (representative) functions with respect to such non-residents or their founders, whose operations on the territory of Ukraine, within the Ukrainian continental shelf and exclusive (marine) economic zone, are resulting in: