Law Amending the Tax Code of Ukraine for Implementation of International Anti-Corruption Standards in Accordance with OECD Recommendations. The main purpose is to prevent the use of tax mechanisms for concealing bribes to foreign officials in international business operations.
Structurally, the law introduces amendments to the Tax Code of Ukraine and related laws, establishing a prohibition…
This law amends the Tax Code of Ukraine to create favorable conditions for the development of the digital economy. The main goal is to stimulate the IT industry and digital transformation through tax instruments. Unfortunately, without the full text of the law, it is impossible to provide a detailed analysis of specific changes. From the…
Order of the Cabinet of Ministers Implements Reallocation of Budget Funds to Provide Housing for War Veterans and Internally Displaced Persons Who Participated in the Defense of Ukraine. The Total Reallocation Amount Exceeds 401 Million UAH.
The document consists of three main parts: 1) reallocation of expenditures of the Ministry of Veterans Affairs; 2) distribution of…
Resolution Regulates Suspension of Administrative Proceedings Timeframes Due to Temporary Restriction of Access to Ministry of Justice Registries
The document defines the procedure for suspending the timeframes for public services provision and implementation of control functions by the Ministry of Justice until registry access is restored. The resolution structurally consists of two points: the first defines…
No new decisions were published today
No new decisions were published today
2 Draft Laws Registered:
12285-1 Draft Law on Amendments to Certain Laws of Ukraine Regarding Bringing Regulation in the Sphere of Veterinary Medicine and Animal Welfare in Line with European Union Legal Acts
Initiating Subject: People's Deputy of Ukraine
12288-1 Draft Law on Amendments to Certain Laws of Ukraine Regarding Conducting Economic Activity in the Sphere of Restaurant…
No new legal acts were published today
Translation:
1. The NBU allowed the purchase and sale of banking metals without physical delivery for jewelry manufacturers who were operating before the war. The possibilities of using funds under credit agreements with non-residents for nuclear facility operators have been expanded, and a new procedure for transferring currency abroad for dividend payments has been established.
2. The…
The order cancels a number of regulatory acts that regulated the procedure for drafting, approving, and monitoring the execution of financial plans for economic entities in the public sector of the economy. The grounds for cancellation are Articles 75, 75-2, 77, and 89 of the Commercial Code of Ukraine. Structurally, the order consists of three…
Order Amending the Procedure for Providing Tax Service Information to the Pension Fund on Income of Military Personnel and Police Officers for Pension Purposes
The order introduces changes to the procedure for the State Tax Service (STS) to provide information to the Pension Fund about the income of military personnel and police officers for pension purposes.…
This is an agreement on providing a grant to Ukraine from the World Bank to finance the project "Support for Public Expenditures to Ensure Sustainable Public Administration in Ukraine". The total grant amount is 1.35 billion US dollars and 10.8 million euros. Structurally, the agreement consists of a main part (6 articles), 2 appendices, and…
This is an international credit agreement between Ukraine and the International Development Association (IDA) for providing the seventh additional financing to support government expenditures in Ukraine. Key agreement parameters:
- Loan amount: USD 4.8 billion
- One-time commission: 0.25% of the loan amount
- Commitment fee: 0.25% per annum
- Repayment: from 2034 to 2054 in equal installments of…
Resolution of the Verkhovna Rada Approving the Report of the Temporary Special Commission Investigating the Use of Budget Funds for Fortification Construction and Drone Procurement
The resolution structurally consists of 6 points and an annex with a detailed commission report. The main provisions include: taking note of the report, forwarding it to the President and other…
No new decisions were published today
No new decisions were published today
Law Project Analysis:
Essence of the Law Project
The law project provides for the approval of a new National Target Environmental Program for Radioactive Waste Management. It defines new approaches to radioactive waste management at the state level and repeals the previous law on this issue, adopted in 2009.
Structure and Main Provisions of the Law Project…
7 Draft Laws Have Been Registered:
12356 Draft Law on the National Target Environmental Program for Radioactive Waste Management
Initiating Entity: Cabinet of Ministers of Ukraine
12355 Draft Law on the Unified State Register of War Veterans
Initiating Entity: Cabinet of Ministers of Ukraine
12354 Draft Law on Amendments to the Code of Ukraine on Administrative Offenses Regarding Increased Responsibility…
1. Amendment to EU Deforestation Regulation:
The regulation extends the implementation timeline of deforestation-free product requirements by 12 months. The main application date moves to December 2025, with small businesses getting until June 2026. Country risk classifications will be done by June 2025, and the old Timber Regulation remains in force until December 2025. The…
This Regulation amends existing rules to provide emergency financial assistance through the European Agricultural Fund for Rural Development (EAFRD) to farmers, forest holders and rural businesses affected by natural disasters occurring from January 2024. The act introduces a new temporary support measure with simplified procedures and increased flexibility in fund allocation to help affected regions…
