Possible Return to Idea of Increasing VAT Rate in Ukraine’s Parliament: Budget Committee Chair’s Insights

• The Verkhovna Rada may return to the idea of ​​raising the VAT rate to fill the state budget
• The head of the parliamentary budget committee, Roksolana Pidlasa, mentioned this in the podcast “Economic Chronicles”
• Initially, the Ministry of Finance considered raising the VAT, but ultimately opted for increasing military fees
• Pidlasa believes that raising the VAT has advantages, as it is easy to administer and can have a significant impact
• She predicts that the idea of raising the VAT will be revisited in the future
• Other proposals being considered include a tax on sweet water and taxing imported packages worth up to 150 euros

Source: news.dtkt.ua

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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