- Ukrainian Ministry of Finance published a draft law to align tax legislation with EU and OECD standards
- Focus on tax transparency and reporting for digital platform operators and sellers
- Digital platform operators must report information according to OECD Model Rules and EU Directive 2021/514
- Mandatory automatic exchange of information for specific sellers as per MCAA on income via digital platforms
- 5 percent income tax rate for resident sellers on digital platforms with annual income under UAH 5 million
- Law to take effect the day after official publication
Source: globalvatcompliance.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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