Ukrainian Tax Alert | January 2020
On January 16, 2020, the Verkhovna Rada of Ukraine passed the bill No. 1210 from August 30, 2019 "On Amendments to the Tax Code of Ukraine regarding improvement of tax administration, elimination of technical and logical inconsistencies in tax legislation" in the second reading.
This bill mainly envisages the implementation of some of the requirements of OECD guidelines to counteract the tax base erosion and profit shifting. In this review, we list the main changes proposed in the draft Law.
We pay your attention that this Tax alert is based on the latest available version (of 16.01.2020) of the bill, but it can be supplemented by a number of amendments proposed during the vote. However, we assume that the main facts, presented in this Tax alert, will not change.
When the bill will be published and come into force, we will inform you additionally.
