IMF Supports 2% VAT Increase to Cover Costs of Russian Invasion

• IMF supports a 2% increase in Ukrainian standard VAT rate
• The increase is proposed to meet the costs of the Russian invasion
• A mission from the IMF is involved in the debate on the VAT rate rise

Source: vatcalc.com

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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