Ukraine needs to approve a tax on parcels to maintain funding from the IMF - media

 • 2160 переглядiв

The introduction of VAT on parcels is a condition for IMF funding worth 8.1 billion dollars. The absence of this law will also block funds from the European Commission.

Ukraine must pass a law introducing VAT on parcels from abroad to continue cooperation with the International Monetary Fund under the $8.1 billion financing program; otherwise, receiving funds from the European Commission will be in question. Reuters reports this, citing sources, according to UNN

The issue of postal shipments has now become one of the key points. Without the adoption of this law, the program review may not take place, which would have all the corresponding negative consequences. If the IMF program goes off track, Ukraine will not be able to receive funds from the European Commission, 

- the source said. 

Addendum

The Executive Board of the International Monetary Fund has officially approved an Extended Fund Facility program for Ukraine amounting to $8.1 billion. 

The IMF report indicates, among other things, that the Ukrainian parliament must adopt a package of tax policy bills for 2026-2027, which will include the taxation of digital platforms and granting the State Tax Service access to relevant information, the introduction of VAT for individual entrepreneurs (FOPs), as well as the taxation of parcels. 

At the end of March, the Cabinet of Ministers submitted bill No. 15112 to the Verkhovna Rada, which provides for the introduction of parcel taxation. 

According to the document, the object of taxation is the operations of taxpayers for the supply of goods (except for excise goods), the total invoice value of which does not exceed the equivalent of 150 euros, imported into the customs territory of Ukraine according to the rules for distance selling of goods established by this Code and the Customs Code of Ukraine. 

The bill states that parcels with a total invoice value not exceeding the equivalent of 45 euros for one recipient will be exempt from taxation. 

At the same time, such goods must be sent by the sender to the recipient without payment, be intended for personal, family, or other needs, and their characteristics, quantity, and regularity of import must not indicate that they are being imported for business activities. 

As a reminder 

Deputies supported the bill on data exchange between online services and the tax office. The new rules will not affect small sellers of goods up to 2,000 euros per year.

Ukraine's First Deputy Prime Minister Yulia Svyrydenko left the United States on Thursday, inspired by what she called positive talks with senior U.S. officials, including Treasury Secretary Scott Bessent, stating that she considers him supportive of Ukraine. 

The International Monetary Fund understands the sensitivity of the issue regarding the introduction of VAT taxation for individual entrepreneurs (FOPs) in Ukraine. 

Popular
King Charles calls for unwavering aid to Ukraine in the US Congress

 • 3776 переглядiв

France urges EU not to rush into trade deal with US

 • 3480 переглядiв

A new flagship train "Sakura" has appeared in Ukraine on the Kyiv-Uzhhorod route

 • 8834 переглядiв

News by theme
Ukraine needs to approve a tax on parcels to maintain funding from the IMF - media

 • 2160 переглядiв

Julie Davis leaves post as US Ambassador to Ukraine - media

 • 2388 переглядiв

Trump held a closed-door meeting with King Charles in the Oval Office

 • 1856 переглядiв

Putin claims threat of environmental disaster after attack on Tuapse refinery

 • 2664 переглядiв

In Moldova, hackers attacked a medical database, damaging 30% of the information

 • 2128 переглядiв

New “Bachelor” Kravtsov reminded of performances for Russian “CSKA”

 • 2356 переглядiв

France urges EU not to rush into trade deal with US

 • 3490 переглядiв