Tax on Parcels up to €150 Passed a Special Committee of the Verkhovna Rada
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4 Articles
The Verkhovna Rada Committee on Finance, Tax and Customs Policy supported amendments to the legislation on the abolition of the benefit, which exempts from VAT payments purchases in foreign online stores worth up to 150 euros.
The Minister of Finance assured that the final price of goods will not necessarily increase by exactly 20%. Taxation rules for goods ordered from abroad may change in Ukraine. The Verkhovna Rada Committee on Finance, Tax, and Customs Policy recommended that parliament support Bill No. 15112-d, which proposes the abolition of the VAT exemption for international shipments up to €150. Read the RBC-Ukraine article below to learn about the potential …
Tax on parcels up to €150 passed the special committee of the VRTax Committee supported draft laws №15460 and №15112-d for the first reading. The Ministry of Finance links the initiative with international Obligations.
The new rules may come into force no earlier than 2027, but the deputy warns of problems with readiness
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