- The Ukrainian government must submit a bill to parliament making VAT registration mandatory for individual entrepreneurs (FOPs) with turnover over UAH 1 million, starting January 1, 2027.
- The bill is a requirement (beacon) for a new IMF program and must be adopted by the end of March 2026.
- Other required reforms include tax changes for digital platform income, abolishing the 150-euro small parcel benefit, and changes to VAT rules in public procurement and the Labor Code.
- Adoption of the 2026 Budget was also a prior action and has already been completed.
- These measures are part of the conditions for Ukraine to access $8.1 billion under a new four-year IMF program.
Source: unn.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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