Zelensky introduces “Google tax” in Ukraine

Photo: president.gov.ua

President of Ukraine Volodymyr Zelenskyy signed a law passed by the Verkhovna Rada on the introduction of VAT for non-resident companies that provide electronic services in the country. Google, Facebook, Viber should also fall under the new law.

The law changes the tax law of the country – 20% value added tax transactions for the supply of electronic services by foreign companies to individuals. Non-resident companies will be included in the Ukrainian list of taxpayers.

Due to the bill, such a practice is common in EU countries, “Australia, Belarus, Kazakhstan, Russia and others”. . For example, in Russia, VAT on the sale of electronic services has been introduced for non-residents since 2017, in Belarus – since 2018.

Источник www.mk.ru

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