VATupdate

Share this post on

Rada Rejects Bills to End VAT Exemption on Parcels Under EUR 150

  • The Verkhovna Rada rejected bill No. 15112-d and six alternative bills that would have ended the VAT exemption for parcels and online imports under EUR 150.
  • The main bill got 210 votes, below the 226 needed; attempts to redo the vote or send it back for revision also failed.
  • Supporters said the reform would align Ukraine with EU rules and could bring about UAH 10 billion a year to the budget, while opponents argued it was not yet technically or financially prepared.
  • Critics warned the rejection could hurt EU/IMF support, while the bill’s supporters blamed “populism” and said it unfairly favored foreign competitors over Ukrainian businesses.
  • The proposal would have kept some exemptions, including personal gifts under EUR 45, unaccompanied baggage under EUR 150, and certain defense-related goods.

Source: en.interfax.com.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:

Pincvision
VAT IT

Advertisements:

  • advert
  • Pincvision