Following the global trend, the Ukrainian parliament has been considering introducing a 20% VAT tax on digital services supplied to individuals located in Ukraine by non-resident businesses. The first bill on this topic was proposed back in December 2019.

However, recently a new bill regulating the same matter has been introduced (number 4184 on 02.10.2020). Since the same group of deputies that proposed the previous bill has now submitted this new bill, the previous bill is no longer expected to be considered any further by the Ukrainian Parliament.

The new bill does not provide for significant changes in the rules for the taxation of non-resident digital businesses, but still introduces some revisions and updates.

Read the entire VAT Update here.