On May 23, 2020, the Law of Ukraine “On Amendments to the Tax Code of Ukraine to Improve Tax Administration, Eliminate Technical and Logical Inconsistencies in Tax Legislation” of 16.01.2020 № 466-IX (the somewhat scandalous bill № 1210) entered into force. However, some amendments to this law will come into force on July 1, 2020 and January 1, 2021.
Almost all sections of the tax law have changed. They concern the administration of taxes, inspections and fines, income tax, non-resident income tax, VAT, personal income tax, land tax, single tax, etc.
Among the novelties of the law:
This is just the tip of the iceberg - another law that, in the words of the authorities, "will simplify the administration of taxes and the lives of taxpayers."
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