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2020
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- Tax & Legal Alert | 8 January
- Tax & Legal Alert | 21 January
- Tax & Legal Alert | 11 February
- Tax & Legal Alert | 12 February
- Tax & Legal Alert | 18 March
Tax Reform 2020: Changes in Law No.466-IX
Law of Ukraine No. 786-IX "On amending the Tax Code of Ukraine as regards taxpayers' accounts functioning and simplification of procedures for individual entrepreneurs" (draft law registration No. 2524 dated 04 December 2019) came into effect on 08 August 2020.
11 August 2020
President of Ukraine signs anti-BEPS Law
President of Ukraine has signed the tax reform law (hereinafter, the “Law”) containing significant changes to the tax legislation, including long-debated recommendations under the OECD base erosion and profit shifting (BEPS) project and changes to tax administration procedures, the president's website reported on 21 May 2020.
22 May 2020
Mandatory disclosure of cross-border arrangements with signs of aggressive tax planning (DAC6) in the European Union
Starting from 1 July 2020, the EU member states will be submitting reports on cross-border arrangements to the EU tax authorities. Such reports shall be submitted in accordance with the provisions of Council Directive (EU) 2018/822 (hereinafter, DAC6) in order to insure greater tax transparency in the EU and combat aggressive tax planning.
29 April 2020
New AML legislation in Ukraine. What’s new?
On 28 April 2020 the Law of Ukraine “On Prevention and Counteraction to Legalization (Laundering) of Criminal Proceeds, Terrorist Financing, Financing of Proliferation of Weapons of Mass Destruction” comes into force.
29 April 2020
Verkhovna Rada of Ukraine adopted the law aimed to provide additional social and economic guarantees amid the spread of coronavirus disease (COVID-2019)
At its extraordinary meeting held on 30 March 2020, the Verkhovna Rada of Ukraine amended certain legislative acts of Ukraine aimed to provide additional social and economic guarantees due to the spread of coronavirus disease (COVID-2019) (Law of Ukraine No.540-ІХ).
4 April 2020
Verkhovna Rada of Ukraine adopted a law aimed to prevent the emergence and spread of coronavirus disease (COVID-19) as well as a number of tax liberalization provisions due to the COVID-19 virus pandemic
On 17 March 2020, Verkhovna Rada of Ukraine amended certain legislative acts of Ukraine aimed to prevent the emergence and spread of coronavirus disease (COVID-19) and liberalize tax legislation due to the COVID-19 virus pandemic (draft laws No.3219 and No.3220 dated 16 March 2020). On 18 March 2020, the President of Ukraine Volodymyr Zelenskyi signed the respective laws (Laws of Ukraine No.530-IX and No.533-IX dated 17 March 2020). The official text of law No.533-IX has already been published.
18 March 2020
The Parliament adopts BEPS based tax reform
On 16 January 2020, the Ukrainian parliament adopted the tax Law (hereinafter, the “Law”) containing significant changes to the tax legislation, including long-debated recommendations based on the OECD base erosion and profit shifting (BEPS) plan.
12 February 2020
Fines for labor law violations change. State Employment Service of Ukraine makes first comments.
As from the beginning of February 2020, the State Employment Service of Ukraine is to conduct its inspections on a more frequent basis. The implementation of this measure was preceded by an awareness raising campaign conducted in late January under Instruction of the Prime Minister No. 2313/0/1-20 dated 22 January 2020. Currently, labor inspectors are revisiting the employers who they reached during the campaign.
11 February 2020
BEPS legislative proposal: update
On 16 January 2020, the Parliament of Ukraine heard the draft law implementing anti-BEPS measures in Ukraine (registration No.1210) in the second reading and adopted it as a law (hereinafter, the “BEPS Law”). The final text of the newly adopted law has not been released to the public yet.
21 January 2020
The list of legal forms of non-resident organizations, the transactions with which are to be treated as controlled, has been extended
Law of Ukraine “On Currency and Currency Operations” No.2473-VIII dated 21 June 2018 (“Law”) came into effect on 07 February 2019. The National Bank of Ukraine (“NBU”) approved and published its resolutions that will guide the functioning of the currency market of Ukraine.
8 January 2020
