VATupdate

Share this post on

Zelensky Supports Tax Exemption for Security and Defense Goods, Signs Laws into Effect

  • Zelensky supported the removal of duties and VAT on security and defense goods.
  • On June 4, draft laws No13305 and No13306 were adopted to exempt imported goods for security and defense needs from VAT and import duties.
  • The main goal is to ensure the supply of optical fiber and cables and to create favorable conditions for developing and producing unmanned systems.
  • The tasks include reducing production costs of unmanned systems, controlling the use of duty-exempt goods, and improving the supply of technical means to Ukraine’s defense forces.
  • On June 12, the President signed the laws, which will take effect the day after publication.

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.

Sponsors:

VATIT Compliance
Pincvision

Advertisements:

  • VATAi