Ukraine Gazettes Law Amending Various Provisions of Tax Code

The Ukrainian Official Gazette Feb. 27 published Law No. 3553-IX, amending various provisions of the tax code. The law includes measures: 1) providing a tax exemption on the importation of cultural value goods manufactured 50 years ago or more; 2) amending excise tax rates for specified products, including motor gasoline, fuel, alcohol and tobacco related products, tobacco, liquids used in electronic cigarettes, and motor vehicles used for cargo transportation; 3) providing an option for taxpayers to request to make VAT payments, for importing equipment, in installments of no more than 24 months, without penalties, interest, and fines, until Jan. 1, ...