- Mandatory VAT registration for sole proprietors (FOPs) under the simplified tax system is planned for 2027.
- The goal is to equalize tax rules and limits for simplified taxpayers and regular VAT payers, addressing tax evasion by large businesses using the simplified system.
- There will be a transition period until 2027, with explanations provided to entrepreneurs.
- Additional tax measures include taxation of digital platform income and international parcels valued up to 150 euros.
- Ukraine aims to adopt European tax practices, collecting taxes at the point of sale, and these changes are part of agreements with the IMF for financial support.
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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