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Ukraine Seeks to Exclude Mandatory VAT for Sole Proprietors from IMF Deal, Delaying Aid

  • Ukraine is seeking to change the terms of its new IMF program, specifically to exclude the requirement to introduce VAT for sole proprietors (FOPs).
  • The updated memorandum with the IMF has not yet been signed by Ukrainian officials, delaying the approval process.
  • The IMF is dissatisfied with Ukraine’s attempt to renegotiate previously agreed conditions.
  • Without the IMF loan, a significant EU loan to Ukraine (90 billion euros) may also be delayed.
  • The situation has caused uncertainty about the timing and conditions of international financial assistance to Ukraine.

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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