The bill on the abolition of VAT exemption for international postal items is planned to be submitted to the Verkhovna Rada again. After that, Ukrainians may face major changes, in particular regarding purchases on Chinese marketplaces.<\/p>\n
They want to submit the bill as a separate document<\/p>\n
This concerns the abolition of the current VAT exemption for international postal items worth up to 150 euros. The re-introduction of the bill was reported by the head of the Finance Committee, Danylo Getmantsev, Interfax-Ukraine reports.<\/p>\n
We have no other choice. We have no option not to accept this, – said Getmantsev.<\/p>\n
According to him, the deputies could try to add the necessary provisions as an amendment to another bill, which concerns customs formalities and was also sent for revision on Tuesday. This is bill No. 14560. However, the head of the Finance Committee opposes this option and prefers to submit the full document.<\/p>\n
I wouldn\u2019t want that (to introduce the bill as the truth \u2013 IF-U). We shouldn\u2019t be playing tricks on you. We have a decision that we have to adopt in two readings. We have the first reading, we have the second reading, there is a consensus. In general, there should be, even though there isn\u2019t one, but there should be a consensus on its adoption. And I wouldn\u2019t want to go that route by shoving amendments somewhere in order to fool someone. I would like people in the hall to make decisions consciously. Taking responsibility, not hiding,
\n\u2013 explained the head of the committee.<\/p>\n
Thus, according to Hetmantsev, they want to put the issue to a separate vote so that the deputies openly decide on the abolition of the privilege.<\/p>\n
Why the abolition of the privilege is important for Ukraine<\/p>\n
Both documents are important not only for the tax and customs system of Ukraine. Their adoption was determined as a condition for Ukraine to receive the third tranche under the program with the International Monetary Fund. In addition, the fulfillment of this condition is associated with the second tranche of macro-financial assistance from the European Union for 3.7 billion euros within the framework of the Loan in Support of Ukraine for 90 billion. That is, the issue of canceling the VAT exemption for international parcels is related not only to changes for Ukrainians who order goods from abroad, but also to Ukraine’s fulfillment of international financial obligations.<\/p>\n
How the cancellation of the exemption for parcels will affect Ukrainian business<\/p>\n
In the case of taxation of parcels up to 150 euros, Ukrainian manufacturers find themselves in a worse position, since they pay taxes in full, while foreign marketplaces and importers of goods in small batches do not. As the Minister of Finance of Ukraine Serhiy Marchenko told Channel 24 in an interview, the unequal conditions due to the rules of taxation of parcels should be leveled by changes to the legislation.<\/p>\n
Ukrainian enterprises pay VAT, create jobs, and invest in production even in such difficult conditions as today. At the same time, a significant part of similar goods sold through foreign marketplaces enjoy a tax benefit. This creates unequal conditions of competition, and honest Ukrainian business actually receives worse starting conditions.<\/p>\n
The Minister notes that the introduction of VAT on international parcels will force those entrepreneurs whose business model is built on the import of commercial goods under the guise of small personal purchases up to 150 euros without paying VAT to restructure their processes. According to the Ministry of Finance, the abolition of the benefit will provide additional revenues to the budget – about 10 billion hryvnias per year.<\/p>","protected":false},"excerpt":{"rendered":"
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