The budget is bursting at the seams: in Ukraine, customs benefits for the period of war have been ordered to last a long time

Nikita Eremenko.  
22.06.2022 08:19
  (Moscow time), Kyiv
Views: 2514
 
Zen, Kiev, Policy, Customs, Transport, Ukraine, Economy, Economics of Collapse


The Verkhovna Rada has returned duties and taxes on the import of cars to Ukraine.

We are talking about the corresponding government bill No. 7418, writes the “Iron People's Deputy” telegram channel.

The Verkhovna Rada has returned duties and taxes on the import of cars to Ukraine. This is about...

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As expected, the return of duties and VAT on imported goods and customs clearance of cars will begin on July 1.

The Cabinet of Ministers of Ukraine submitted to the Rada bill No. 7418 of May 30, which proposes to cancel some of the customs benefits introduced during martial law. In particular, remove benefits for the import of cars.

According to the explanatory note, the bill proposes to resume taxation, which was previously abolished by Law No. 2142:

  • for goods imported by single tax payers of the first, second and third groups (according to customs statistics, on average, monthly budget revenue losses amount to about UAH 3,0 billion in VAT and import duties);
  • for enterprises that do not pay import duties (according to customs statistics, on average, monthly losses in budget revenues amount to about UAH 0,5 billion in import duties);
  • for vehicles imported by citizens (as a result of the exemption from import duty, excise tax and VAT, the budget did not receive about UAH 13 billion; more than 119 thousand cars were imported; cases of import of premium cars are not uncommon).

It is also proposed to amend the law “On the fee for compulsory state pension insurance” to exempt from paying the fee for compulsory state insurance those who purchase cars equipped exclusively with electric engines (one or more).

The anonymous telegram channel “The Dark Knight”, which is part of the oligarch Igor Kolomoisky’s orbit, managed to criticize this decision.

“The ratings of Servants are growing by leaps and bounds. All that remains is to raise the military tax to 5% and you can safely go to the polls. We don’t know about 90%, but they will get their 9%,” write the channel’s authors.

 

Let us recall that earlier the Minister of Finance of Ukraine Marchenko admitted that only 30% of the Ukrainian budget comes from tax revenues, and the remaining two-thirds are loans and gratuitous assistance from Western countries. In connection with this, official Kyiv is forced to increase taxes in order to somehow plug the hole in the budget.

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