31 March 2022
The government introduced a 2% tax to encourage business activities during wartime. Petro Krychun, MIM-Kyiv professor of finance, CFO of an agro trading group, president of the Ukrainian Federation of Professional Accountants and Auditors, and founder of the Center of Tax Consultations.
Law # 2120 was adopted on March 15. The taxation scheme is valid until the end of the war. Most of the changes concerning the 2% tax come into effect on April 1, 2022. After the martial law expires, taxpayers will adhere to the rules they complied with before the war.
The Law allows any public or private company or self-employed person – resident of Ukraine to be a 2% taxpayer except for gambling, currency exchange, export/import, and natural resource businesses, financial institutions, and firms that sell excisable goods.
For more explanations click this link.