Recent changes in tax legislation of Ukraine

By Svitlana Musienko, Dmytro Donets and Dmytro Rylovnikov

The law of Ukraine №1166-VII ‘On Prevention of the Financial Disaster and Creation of the Grounds for Economic Growth in Ukraine’ was adopted by the parliament on 27 March 2014 and was signed by the acting president on 31 March 2014. As a general rule, the law came into effect as of 1 April 2014 (date of official publication), except for some sections, which are to come into effect on later dates.

The law introduces some notable changes to the Ukrainian tax code and other laws…

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