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Ukraine Ministry of Finance Proposes Increase and Expansion of the Military Tax

|Approved Changes|Ukraine
Ukraine

Ukraine's Ministry of Finance has proposed an increase and expansion of the military (defense) tax. This includes increasing the military tax on individuals from 1.5% to 5.0% and introducing a 1.0% military tax on the income of legal entities (essentially a turnover tax). Further, a 5.0% military tax is proposed on mobile communication and advance payments on profit tax for fuel networks, as well as a 15.0% military tax on the value of the first registration of vehicles in Ukraine, a 30.0% mi…

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