Ukraine might return to import taxation.

Thursday, May 19, 2022
Ukraine might return to import taxation.

The National Bank of Ukraine (NBU) supports the return to import taxation, confident that the list of critical imports can be financed, reported Interfax-Ukraine. “At the moment, we believe that the existing list of critical imports can be financed. At the same time, we believe that import taxes, abolished since the beginning of the war, should be reinstated,” said Deputy Head of the NBU Serhiy Nikolaychuk. According to him, after the return to import taxation, it will be possible to consider applying special duties to expand the list of non-critical imports while lifting the ban on buying foreign currency and cross-border transfers to buy these noncritical imports.

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