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ARTICLE · 20 JUNE 2021

New Law Introduction & Tax Updates

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

UkraineTax

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

First, the President signed a law that will facilitate a land decentralization program, known as the “Land`s constitution” and initiated an anti-oligarchs policy. It will introduce a public registry, special rules, and limitations to 13 oligarchs that currently own more than 23% of GDP. In the middle of May, Ukraine got personnel changes in the Cabinet of Ministers: new Minister of Health – Victor Lyashko, Minister of Infrastructure – Oleksandr Cubrakov and Minister of Economics – Oleksiy Lyubchenko. At the end of the month, the Parliament adopted:

  • Law on the imprisonment for inaccurate declarations. According to the officials, this will encourage transparency and help to fight corruption

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