The State Tax Service has updated the new guides for tax incentives as of January 30, 2024
The State Tax Service has updated the new guides for tax incentives as of January 30, 2024, namely:
- Guide No. 122/1 containing information on revenue losses to the budget due to tax incentives;
- Guide No. 122/2 containing information on other types of tax incentives.
These guides include a list of incentives for corporate income tax, land tax, VAT, excise tax, property tax other than land plots, as well as other local taxes and fees. Information on the duration of these incentives is also provided.
The Tax Service reminded that the accounting of tax incentives received by taxpayers is carried out by supervisory authorities based on the information provided in their tax declarations.
Since 2006 SCHNEIDER GROUP has been supporting international companies expanding to Ukraine. Our portfolio includes a full scope of services: from market analysis and partner search to complete accounting outsourcing, legal and tax consulting, and interim management services. We take over all non-core business functions so that our clients can focus on developing their business. We help our clients establishing subsidiaries in Ukraine compliant with local legislative requirements and transparent for international management. Our experts offer advice on best practices to optimise processes, reduce risks and minimise costs.