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70% of Ukrainian companies are not satisfied with the current tax system, and up to 90% of enterprises resort to optimization schemes, shows a survey by the InfoSapiens agency. In total, 56% of respondents believe it is impossible to work efficiently and pay all taxes without resorting to load optimization. 58% of micro-businesses share the same opinion. Only 9% claim that work in their industries without tax optimization is still possible. And every third respondent confirmed this with reservations: “Yes,

In the first reading, the parliament supported changes to the Tax Code of Ukraine and other laws regarding the specifics of taxation during the martial law period. Their goal is to restore the taxation system to its pre-war state. The Ministry of Finance predicts that revenues to the state and local budgets will increase by UAH 10B in 2023. From July 1, the document proposes to replace the tax for entrepreneurs and legal entities in the single taxation of group

In the first four months of the year, the consolidated budget received UAH 67.7B ($1.85B) in taxes, where 87.1% of all revenues, almost UAH 59B, originated from several branches of the national economy. Wholesale and retail trade enterprises paid UAH 11.8B in taxes and fees, which is UAH 0.6B, or 5%, more than in the same period last year. Extractive industry enterprises paid UAH 9.5B in taxes and fees, and energy supply enterprises provided more than UAH 9B in revenues.

From January to October, the largest share of the payment of taxes, fees, and payments to the consolidated budget was contributed by enterprises in the following industries: wholesale and retail trade, repair of motor vehicles and motorcycles, processing industry, extracting industry, and quarry development, public administration and defense, and social insurance. In total, these sectors of the economy account for 55.8% of all taxes and fees that have been paid. At the same time, enterprises in the following sectors reduced

 President Volodymyr Zelenskyy signed a law defining the peculiarities of the administration of taxes and fees during the martial law regime. According to the law, from April 1, 2022, until the termination or abolition of martial law, the state of emergency in Ukraine provides opportunities for individuals, entrepreneurs, and legal entities with a turnover of up to UAH 10B to pay a single turnover tax of 2% under the rules established for the third group of single taxpayers, with exemption

Valid for one year – from this July through July 1, 2022 – the amnesty would clear tax bills from assets voluntarily declared. The one-time tax schedule would be: 5% on declared assets inside Ukraine; 9% on assets located abroad; and 2.5% on Ukrainian government bonds.