Yatsenyuk proposes to impose a 5% tax on currency exchange
27.03.2014 15:09
(Moscow time)
Kyiv, March 27 (Navigator, Mikhail Ryabov) – All transactions for the purchase and sale of currency in Ukraine by legal entities and individuals will be taxed at 5%. The corresponding norm is contained in the draft “anti-crisis measures” presented today in the Verkhovna Rada by Prime Minister Arseniy Yatsenyuk.
The collection will be used for the needs of the Pension Fund.
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As stated in the document, it is planned to collect “for compulsory state pension insurance at a rate of 0,5% when carrying out transactions for the purchase of foreign currency by legal entities and individuals in non-cash and cash form.”
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