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Ukraine State Tax Service Announced Further Tax Reforms During Martial Law

|Approved Changes|Ukraine
Ukraine

The State Tax Service (STS) of Ukraine has announced the publication of Law No. 2120-IX of 15 March 2022, providing further tax reform measures during the martial law period. This includes that from 1 April 2022 until the end of martial law, taxpayers with annual income of up to UAH 10 billion may apply the simplified tax system for Group III at a single tax rate of 2%. The STS has also issued releases providing further details on the application of the single tax for Group III and feature…

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