Legalizing cars in Ukraine with foreign license plates will generate a one-time tax windfall of $35 million

Wednesday, November 21, 2018
Legalizing cars in Ukraine with foreign license plates will generate a one-time tax windfall of $35 million

Legalizing cars in Ukraine with foreign license plates will generate a one-time tax windfall of $35 million, estimates the Cabinet of Ministers. Expected to come into effect in early 2019, the new law will open a 90-day window for car owners to legalize their cars by paying excise duties at a discount, generally 50% off.

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