New rules about a broader exchange of banking information between European Union countries
The European Union overcame resistance from Luxembourg and Austria concerning bank secrecy and all countries of EU agreed on Summit, […]
The National Bank of Ukraine that had obliged the exporters to transfer the half of their foreign currency earnings into the hryvnia currency a year ago has increased the requirement of the mandatory sale to 100% of foreign exchange earnings from abroad.
The regulator has not commented on the decision, but bankers believe that the Central Bank of Ukraine plans to increase […]
Tax Administration
Each taxpayer shall get registered with tax authorities. As a result of such registration a taxpayer receives an individual tax […]
Charge to the State Pension Fund
Besides the charge for mandatory social insurance, there is also a charge to the State Pension Fund imposed on certain […]
The Social Insurance
The mandatory social insurance payment is presented in Ukraine by the Single Social Charge (SSC). The SSC has been charged […]
The Single Tax
Classification of the ST payers, rates of tax and permitted kinds of business activities are described in the table below: […]
The Local Taxes
The Tax Code sets forth four local taxes. Those are as follows: – Real Estate Tax; – Charge for car […]
Tax Rates on The Personal Income
There are two principle PIT rates: 15 and 17%. The 17% rate is applied to the excess of monthly taxable […]