Ministry of Finance of Ukraine
The Finance Ministry plans to establish a working group to provide tax clarification regarding airlines’ leasing payments to nonresidents. The industry expects a swift decision.
Zelenskyy and Koretskyi coordinated diplomatic efforts on defense financing, energy, and social programs. Veteran programs will be strengthened separately.
The Economic Security Bureau confirmed four proceedings concerning aircraft leasing and refused to explain why it equates it with royalties. The Bureau cited the secrecy of the investigation.
The Tax Committee of the Public Council initiated a working group under the Ministry of Finance to analyze leasing payments to non-residents. The group will prepare a draft general tax consultation.
The Business Ombudsman Council has recorded the opening of cases by the Economic Security Bureau before tax liabilities are agreed. Analytical reports are often deemed inadmissible evidence.
In 2025, the ESB received 29% of businesses’ complaints about law enforcement agencies, and the same share in 2026. Entrepreneurs complain about property seizures and investigative actions.
Mykola Hladyshenko was dismissed as Chair of Sense Bank’s Supervisory Board. The Ministry of Finance will appoint a state representative to form a quorum and prepare the bank for sale.
MP Kreidenko called on the Cabinet of Ministers to establish a working group following the BEB's new interpretation of the taxation of aircraft leasing as royalties. The Ministry of Finance should provide a single clarification.
The Cabinet of Ministers suspended Mykola Hladyshenko due to the risks of inadequate oversight and money laundering. The suspension of Oleksii Stupak has also been initiated.
The Verkhovna Rada supported Draft Law No. 15450 on first reading. The Code is to enter into force on December 1, 2027, and pave the way for €1.5 billion in aid.
The Cabinet of Ministers has updated the terms of state guarantees for small and medium-sized businesses. The changes increase borrowers’ responsibility and clarify mechanisms for the return of funds.
The first stage of the certification of the BEB's management has been completed: 74% did not pass. Experts are demanding an audit of criminal cases, including those against airlines.
As part of the program, they met with Prime Minister of Ukraine Serhii Koretskyi and took part in training on the development of local budgets.
The Public Council under the Ministry of Finance plans to consider the taxation of lease payments for aircraft and initiate a general tax clarification. The reason was differing approaches to classifying such transactions as royalties, which led to criminal cases being brought against airlines.
Prime Minister Serhii Koretskyi convened a meeting with the Secretary of the National Security and Defense Council and the Minister of Finance to discuss the funding needs of the Defense Forces. The government is seeking additional resources, including through international assistance.
The President of the Association of Taxpayers of Ukraine, Grigol Katamadze, called on the state to develop unified rules for the taxation of aircraft leasing. He warned that further pressure on air carriers through criminal cases initiated by the Economic Security Bureau could destroy Ukrainian civil aviation.
The Ukrainian Air Transport Association appealed to the relevant committee of the Verkhovna Rada and the Public Council under the Ministry of Finance regarding a unified approach to the taxation of aviation leasing. Different interpretations of the rules have led to additional tax assessments and criminal proceedings by the Bureau of Economic Security against air carriers.
In July, Ukrainians invested a record amount in domestic government bonds, increasing the portfolio to UAH 159. 3 billion. Overall, in January-July, the state budget received UAH 310.2 billion from bond placement.
In June 2026, the average salary in state bodies of Ukraine amounted to 66. 84 thousand UAH, which is 7 thousand UAH more than last year. Judicial remuneration in higher courts ranged from 197.8 to 446.7 thousand UAH.
New Prime Minister Serhiy Koretsky held a meeting with the financial and economic bloc. Priority steps have been identified to fulfill international commitments and maintain macro-financial stability.
The Cabinet of Ministers instructed the Ministry of Culture and the Ministry of Finance to prepare a mechanism for state support of the book publishing industry, which is suffering losses due to Russian shelling. In July, 1.5 million books were destroyed, with damages amounting to hundreds of millions of hryvnias.
BEB is investigating cases against 5 airlines over alleged non-payment of 15% royalties for aircraft leasing. Experts state that this interpretation contradicts legislation and international conventions.
Ukraine received the second IMF tranche of about $690 million under the four-year EFF program. The funds will be directed to support macro-financial stability and priority expenditures.
Prime Minister Serhii Koretskyi confirmed the start of work on the 2027 Budget. Ministries must prepare proposals by July 31 regarding the main parameters of the document.
These funds were directed, in particular, to pensions and social payments for a number of categories of the population.
President Zelenskyy gathered weapons manufacturers and corps commanders at the Staff meeting for the first time. They agreed on a regular communication format coordinated by the Ministry of Defense and the National Security and Defense Council.
The government will submit the draft state budget for 2027 to the Cabinet of Ministers by September 8, and to the Verkhovna Rada by September 15. The Ministry of Finance is already communicating the marginal expenditure indicators to the main budget holders.
MP Zheleznyak reported that President Zelenskyy will propose Ihor Klymenko, who headed the Ministry of Internal Affairs, for the post of Minister of Defense. Fedorov will not retain his post due to the failure of the TCC reform.
The State Tax Service interprets lease payments for aircraft as royalties, although it concerns the use of vehicles, not the transfer of intellectual property rights. Because of this, Ukrainian airlines are already facing criminal proceedings and the risk of retrospective additional charges.
The interpretation of aircraft leasing as royalties by the State Tax Service and the BEB contradicts the principles of applying international conventions on the avoidance of double taxation. International tax law expert Olena Kuznechikova emphasizes that the problem should be resolved by an official clarification from the Ministry of Finance, not by criminal prosecution of businesses.