Date: 6 months ago   Category: Financial

In Ukraine taxes on parcels and cigarettes will grow


Introduction of new taxes and excises will allow to increase the state budget almost by 6 billion hryvnias, I count in the Ministry of Finance. The Verkhovna Rada intends to raise an excise tax on tobacco products and some other excises and also to lower a threshold of tax-exempt transfers for natural persons. Deputies by 233 voices have supported the relevant bill No. 9260 with amendments to the Tax Code in the first reading at a meeting on Thursday, November 8. The bill provides to increase since July 1, 2019 rates of an excise tax on tobacco products by 9%, to raise a rate of an ecological tax for carbon dioxide emissions by stationary sources on 0,41 UAH for ton to 10 UAH/ton and to provide stage-by-stage increase in a rate to the level of 30 UAH for ton in 2023. This bill also provides collecting a value added tax from the imported goods in Ukraine which cost exceeds an equivalent of 100 euros. Rada tried to adopt this bill last winter. The document offers to recognize as tax agents of operators of a mail service, express carriers. At the same time the specified norm is offered to be applied with a transition period: from January 1 to June 30, 2019 - for goods total cost in an equivalent more than 150 euros, after the termination of this term - 100 euros. Also the Ministry of Finance suggests to increase rates of a rent payment for use of natural resources for oil production and condensate by 2 percentage points and for iron ore - by 0,8 percentage points, and for special use of forest resources – for 50%. In addition, the bill concerns strengthening of control measures over turnover of fuel and alcohol. By estimates of the ministry, adoption of the bill will allow to increase receipts in a consolidated budget (in the conditions of 2019) of 6,3 billion UAH, from them in the state budget of 5,9 billion UAH. Earlier today Rada has adopted the law on customs clearance of the cars imported into Ukraine with foreign registration. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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