- The IMF is considering giving Ukraine an extra year to implement mandatory VAT registration for individual entrepreneurs (“FOPs”) with annual taxable turnover over 1 million UAH.
- This delay would allow Ukraine time to secure parliamentary support for the changes, which are a condition for a new $8.1 billion IMF loan program.
- Other IMF requirements include taxes on digital platform income and parcels under 150 euros.
- The IMF recognizes the need for flexibility due to Ukraine’s current challenges, including damaged energy infrastructure.
- IMF Managing Director Kristalina Georgieva recently visited Kyiv to discuss the new loan program, which is critical for Ukraine’s financial stability.
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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