Ukraine Parliament Considers Bill on Temporary VAT Exemption for Specified Vehicle Imports Due to War

The Ukrainian Parliament (Verkhovna Rada) May 11 accepted for consideration Bill No. 15195-3, to temporarily exempt VAT on specified vehicle imports, due to the ongoing Russia-Ukraine conflict. The bill includes measures to: 1) exempt temporarily imports of specified vehicles, such as passenger cars and motorcycles, by eligible individuals, including conflict participants, active military personnel mobilized after Feb. 24, 2022, family members of deceased military personnel, and individuals whose only private car was destroyed or damaged beyond repair in the conflict; 2) exclude from the exemption luxury vehicles subject to transport tax, and individuals with specified military convictions; 3) prohibit the ...