Excise Tax on Fuel
The Constitutional Court of Ukraine declared unconstitutional the provision on excise tax from retail fuel sales that had been in effect since 2015. The reason is a violation of the principle of tax legislation stability due to the absence of a transition period for business adaptation.
State Reserves
New procedures for the formation and storage of state reserves have been approved. Requirements for storage providers are established: minimum 5 years of experience, absence of tax debt, availability of security. For fuel storage, additional protection against rocket attacks is required.
Execution of Court Decisions
The National Strategy for Resolving the Problem of Non-Execution of Court Decisions has been extended until 2027. It provides for the creation of a Unified Register of Enforcement Documents, development of a Social Code, and phased lifting of moratoriums on executing decisions regarding state-owned enterprises.
Insurance Intermediaries
A unified register of insurance intermediaries and new requirements for their activities have been introduced. Mandatory professional liability insurance, training, and qualification requirements are established. The activities of non-residents in the Ukrainian insurance market are regulated.
International Agreements
Ukraine will receive a grant of 1 billion dollars from the IBRD through the FORTIS FIF fund and a loan of 1.051 billion dollars to be repaid by 2054. The funds are directed to the “Foundations of Growth” program and cannot be used for defense purposes.
