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Ukraine Proposes Tax Exemption for Security and Defense Imports to Boost Production Efficiency

  • Ukrainian parliament proposes to cancel duties and VAT on security and defense goods
  • Draft laws registered to exempt goods imported for security and defense needs from VAT and import duties
  • Aims to ensure uninterrupted supply of optical fiber and related products
  • Seeks to create favorable conditions for developing and producing unmanned systems using optical cables
  • Objectives include reducing production costs of unmanned systems, controlling the use of tax-exempt goods, and enhancing defense supply efficiency
  • Laws will take effect the day after publication if passed

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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