Ukraine Parliament Considering Reduced VAT Rate on Energy Carriers and Related Services
The Ukraine Parliament is considering Draft Law 6217, which was submitted on 23 October 2021 and provides for a reduced VAT rate on energy carriers and related services. The draft would amend the Ukraine Tax Code with a new paragraph providing for a 5% VAT rate on:
- Supply, storage, transportation, and distribution of natural gas;
- Production, distribution, and supply of electricity,
- Producti…