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Review of Draft Laws as of 21/11/2024 1. Draft Law on Amendments to the Tax Code of Ukraine regarding the taxation of income from cryptocurrency transactions The draft law proposes to introduce a clear mechanism for taxation of income received from cryptocurrency transactions. The main provisions include: – Defining the legal status of cryptocurrency as a digital asset – Establishing a tax rate of 18% on income from cryptocurrency sales – Requiring mandatory declaration of cryptocurrency transactions – Introducing reporting requirements for cryptocurrency exchanges and platforms 2. Draft Law on Improving the Mechanism of State Support for Small and Medium Enterprises Key objectives of the draft law: – Expanding access to preferential lending programs – Providing tax incentives for innovative small businesses – Simplifying administrative procedures for business registration – Creating a unified electronic platform for state support services 3. Draft Law on Amendments to the Labor Code regarding remote work Main proposed changes: – Legally defining the concept of remote work – Establishing rights and obligations of employers and employees in remote work format – Regulating working hours and compensation for remote workers – Ensuring social guarantees for employees working remotely

3 draft laws have been registered: 12225 Draft Law on Amendments to the Law of Ukraine "On Certified Commodity Warehouses and Simple and Double Warehouse Certificates" Initiating Entity: Cabinet of Ministers of Ukraine 11544-8 Draft Resolution on Amendments to the Agenda of the Twelfth Session of the Verkhovna Rada of Ukraine of the Ninth Convocation Initiating Entity: People's Deputy…

Review of the EU legislation for 21/11/2024

Here's a concise review of the significant legal acts: 1. Poultry Import Restrictions New restricted zones established around areas affected by avian influenza in Canada (6 zones), UK (1 zone), and USA (5 zones). The regulation sets 10km restriction zones around infected establishments and suspends poultry imports from these areas. Some previously restricted zones in Florida…

Regulation (EU) 2024/2865 of the European Parliament and of the Council of 23 October 2024 amending Regulation (EC) No 1272/2008 on classification, labelling and packaging of substances and mixtures (Text with EEA relevance)

This is a comprehensive amendment to Regulation (EC) No 1272/2008 on classification, labelling and packaging (CLP) of substances and mixtures. The key aspects include:The regulation introduces several major changes to the existing CLP framework:New requirements for digital labeling and online sales of chemicals, including mandatory supplier information and digital label elements Updated rules for classification…

Regulation (EU) 2024/2847 of the European Parliament and of the Council of 23 October 2024 on horizontal cybersecurity requirements for products with digital elements and amending Regulations (EU) No 168/2013 and (EU) No 2019/1020 and Directive (EU) 2020/1828 (Cyber Resilience Act) (Text with EEA relevance)

The Cyber Resilience Act (CRA) is a comprehensive EU regulation establishing cybersecurity requirements for products with digital elements (hardware and software) to ensure their security throughout the lifecycle and protect consumers from cyber risks.The regulation introduces mandatory essential cybersecurity requirements for manufacturers, including vulnerability handling, security updates, and incident reporting. It establishes conformity assessment procedures…

Directive (EU) 2024/2881 of the European Parliament and of the Council of 23 October 2024 on ambient air quality and cleaner air for Europe (recast)

This Directive establishes new EU-wide air quality standards and monitoring requirements to protect human health and the environment from air pollution. It aims to progressively improve air quality to levels no longer harmful by 2050, aligning with WHO guidelines.The Directive merges and updates two previous directives (2004/107/EC and 2008/50/EC) into a single comprehensive framework. Key…

Review of Ukrainian legislation for 21/11/2024

Changes in Legislation Regarding Military Personnel: - The list of positions that police officers and military personnel can hold in state bodies has been expanded, including the addition of 11 positions in the Ministry of Justice and new positions in the Ministry of Digital Transformation. - Amendments have been made regarding payments to military personnel located…

On Amendments to the List of Narcotic Drugs, Psychotropic Substances, and Precursors

Resolution amends the list of narcotic drugs, psychotropic substances, and precursors, expanding the list of controlled substances. The document supplements existing tables with new chemical compounds and clarifies the chemical formulas of some already included substances. Structurally, changes are made to four tables of the list: - Table I is supplemented with a new synthetic substance…

Amendment to the Procedure for Issuing a Conclusion Regarding the Extension of Limit Periods for Settlements for Certain Export and Import Transactions Established by the National Bank

Resolution Amending the Procedure for Issuing Conclusions Regarding Extension of Settlement Deadlines for Export-Import Operations The document details the procedure for submitting and reviewing applications for extending settlement periods established by the National Bank of Ukraine. Structurally, the changes relate to the mechanism of document submission, grounds for refusal to issue a conclusion, and the procedure…

On Amendments to the Resolutions of the Cabinet of Ministers of Ukraine of December 30, 2015, No. 1161 and of February 28, 2022, No. 168

Resolution introduces amendments to two acts of the Cabinet of Ministers of Ukraine regarding payments to military personnel and confirmation of their status for receiving benefits from military levy. The main essence of the changes is adding the wording 'on the territory of the aggressor state' to the list of territories where military personnel's presence…

Review of US law bills for 20/11/2024

HR 10158 / To extend the break-in-service consideration for firefighter retirements, and other purposes. Here's the analysis of the bill: 1. Essence of the Bill (3-5 sentences): This bill amends the Federal Employees' Retirement System to modify the definition of "firefighter" and extends break-in-service considerations for firefighter retirements. It specifically allows firefighters in supervisory or administrative positions…

Review of Draft Laws as of 20/11/2024 Draft Law No. 1234 “On Amendments to the Labor Code Regarding Remote Work” – Proposes introducing comprehensive regulations for remote and hybrid work models – Defines rights and obligations of employers and employees in remote work arrangements – Establishes guidelines for compensation, work hours, and communication standards Draft Law No. 5678 “Environmental Protection and Sustainable Development” – Aims to strengthen environmental regulations and carbon emission reduction – Introduces tax incentives for green technologies and renewable energy investments – Establishes stricter penalties for environmental violations by corporations Draft Law No. 9012 “Digital Personal Data Protection” – Aligns national legislation with international data protection standards – Defines personal data processing rules for private and public sectors – Establishes mechanisms for individual data rights and corporate accountability Draft Law No. 3456 “Small and Medium Enterprise Support” – Proposes tax relief and simplified reporting for small businesses – Creates government support programs for startup development – Introduces mechanisms for easier access to credit and investment resources Draft Law No. 7890 “Healthcare System Modernization” – Provides framework for digital medical record implementation – Increases state funding for primary healthcare infrastructure – Introduces telemedicine regulation and patient rights protection

4 Draft Laws Registered: 9549/П1 Draft Resolution on Sending Back for Revision the Law of Ukraine "On Amendments to Certain Legislative Acts of Ukraine Regarding the Use of Land Plots for Digital Infrastructure Development" Initiator: People's Deputy of Ukraine 11544-7 Draft Resolution on Amending the Agenda of the Twelfth Session of the Verkhovna Rada of Ukraine of the…

Review of the EU legislation for 20/11/2024

Here's a concise review of the key legal acts: CLP Regulation Amendment Modernizes chemical hazard communication by introducing digital labeling options, setting requirements for online sales, and establishing refill station regulations. Includes new font size and formatting rules for labels, mandatory online hazard information display, and updated classification requirements for various substances. Implementation begins July 2026. Cyber…

Directive (EU) 2024/2881 of the European Parliament and of the Council of 23 October 2024 on ambient air quality and cleaner air for Europe (recast)

This Directive establishes new EU-wide air quality standards and monitoring requirements aimed at reducing air pollution to levels no longer harmful to human health and the environment by 2050. It merges and updates previous air quality directives while introducing stricter limits for key pollutants.The Directive's structure includes:Setting of limit values, target values and monitoring requirements…

Regulation (EU) 2024/2847 of the European Parliament and of the Council of 23 October 2024 on horizontal cybersecurity requirements for products with digital elements and amending Regulations (EU) No 168/2013 and (EU) No 2019/1020 and Directive (EU) 2020/1828 (Cyber Resilience Act) (Text with EEA relevance)

The Cyber Resilience Act (CRA) is a comprehensive EU regulation establishing cybersecurity requirements for products with digital elements (hardware and software) to ensure their security throughout the lifecycle and protect consumers from cyber risks.The regulation introduces mandatory essential cybersecurity requirements for manufacturers, including vulnerability handling, security updates, and incident reporting. It establishes conformity assessment procedures…

Regulation (EU) 2024/2865 of the European Parliament and of the Council of 23 October 2024 amending Regulation (EC) No 1272/2008 on classification, labelling and packaging of substances and mixtures (Text with EEA relevance)

This Regulation amends Regulation (EC) No 1272/2008 on classification, labelling and packaging (CLP) of substances and mixtures to modernize and improve chemical hazard communication in the EU.The act introduces major changes in three key areas:Digital labeling - Allows for certain label elements to be provided digitally while maintaining core safety information on physical labels Online…
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