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Tax & Legal Alerts

2022

Major Changes Introduced by the Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine on Optimization of Labor Relations” No. 2352-ІХ

Tax & Legal Alert

On 19 July 2022, the Law of Ukraine "On Amendments to Certain Legislative Acts of Ukraine on Optimization of Labor Relations" (hereinafter, the “Law”) entered into force. The Law continues the implementation of a series of updates related to the working conditions during martial law and, also, makes changes that are indirectly determined by the situation in Ukraine and will remain in force after the end of the war. Please find a brief analysis of the main amendments below.

20 July 2022

Currency restrictions on payments for imported goods eased

Tax & Legal Alert

With the outset of hostilities, the National Bank of Ukraine imposed restrictions on the purchase of foreign currency and cross-border transfers of currency values. However, it was allowed to pay for the goods included in the list of critical imports, approved by the Resolution No. 153 of the Cabinet of Ministers of Ukraine dated 24 February 2022.

Being responsive to the needs of business, the NBU and the CMU continue to gradually reduce the currency restrictions introduced in the early war period.

Changes to the regulatory documents of the NBU and the CMU, in particular, those regarding the currency regulation of payments for the imported goods, took effect on 9 July 2022.

12 July 2022

Transfer pricing control during martial law

Tax & Legal Alert

On 02 June 2022, the State Tax Service of Ukraine published a notification that unveils special considerations that would apply to transfer pricing in the context of martial law, in particular, the submission of transfer pricing report package, suspension of the statute of limitations, special aspects of TP tax audits, etc.

Below you may find a summary of key points of the notification as well as the comments of Deloitte experts on some issues that require a detailed clarification.

6 June 2022

Tax obligations and penalties reimposed for certain taxpayers during martial law

Tax Alert

Law No. 2260-IX “On amending the TCU and other legislation of Ukraine regarding special aspects of tax administration of taxes, duties and Unified Social Security Contribution during the state of martial law and the state of emergency,” published on 27 May 2022 significantly changes the administration of taxes and duties during the state of martial law in Ukraine. In March 2022, certain rules were implemented to apply while martial law remains in force. Law No. 2260-IX reinstates certain tax obligations and penalties that previously were suspended.

19 May 2022

Major Changes Introduced by the Law of Ukraine “On Organization of Labor Relations under Martial Law” No.2136-ІХ

Tax & Legal Alert

After the outbreak of the war and the imposition of the martial law, labor relations in Ukraine have considerably changed. To address employment relations in the new conditions, the Verkhovna Rada of Ukraine adopted a Law of Ukraine “On Organization of Labor Relations under Martial Law” No.2136-ІХ (hereinafter – the Law ), and the State Labor Service of Ukraine continues to issue recommendations and comments in respect of the legislation’s application. By this alert, we would like to share with you the insights on key changes in the labor legislation and provide short comments regarding the practical application of its certain regulations.

8 April 2022

Taxpayers are released from financial liability for violation of tax legislation during martial law

Tax & Legal Alert

In the face of military aggression of the Russian Federation against Ukraine and declaration of martial law in Ukraine, the State Tax Service of Ukraine (hereinafter, “STSU”) informed as follows.

3 March 2022

Launch of the procedure for acceptance of applications for Diia.City resident status

Tax & Legal Alert

On 08 February 2022, during the 4th Diia Summit, representatives of the Ministry of Digital Transformation of Ukraine announced the launch of a special tax and legal regime: Diia.City.

15 February 2022

A special web-portal for non-residents supplying electronic services in Ukraine is set up

Tax Alert

The State Tax Service of Ukraine (hereinafter, the “STSU”) has launched a special web-portal for non-residents supplying electronic services to Ukrainian individuals. The portal will allow non-residents to register as VAT payers in Ukraine, to file and submit VAT returns, to pay VAT liabilities to a special treasury account of the State budget of Ukraine, to communicate with the STSU representatives, to receive tax payment notifications, etc.

14 January 2022

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