Brind.
  1. Verkhovna Rada ratified a EUR 90 billion loan agreement for financial support.
  2. The Verkhovna Rada led an IMF mission to review Ukraine's fund facility and track required economic and structural reforms.

Ukraine Parliament Passes Tax Code Amendments on E-commerce VAT

1 report, 1 independent Updated Thu 00:00
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What happened

Some supportReported by 1 outlet

The Verkhovna Rada adopted bill No. 16051-1, which amends the Tax Code regarding e-commerce transactions with VAT. This change abolishes the tax exemption for international postal shipments valued up to EUR 150. The adoption was supported by 252 Members of Parliament.

From interfax.com.ua

Why it matters

Some supportBrind's analysis of the reports

The adoption of these tax code amendments is a key requirement for Ukraine to receive tranches of financial support from the International Monetary Fund and the European Commission. This legislative action is part of a broader program review led by the Verkhovna Rada.

The Verkhovna Rada previously led an IMF mission to review Ukraine's fund facility and track required economic and structural reforms. The Parliament also ratified a EUR 90 billion loan agreement for financial support.

From interfax.com.ua

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The Verkhovna Rada led an IMF mission to review Ukraine's fund facility and track required economic and structural reforms.

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Within Verkhovna Rada ratified a EUR 90 billion loan agreement for financial support.

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