“President of Ukraine Volodymyr Zelensky signed the law “On amendment of the Tax Code of Ukraine toward the abolition of the taxation of income received by non-residents in the form of payment for production and/or spread of advertising and improvement of the order of taxation by value-added tax for operations on the supply by the non-residents of the e-services to private persons” #1525-IX that was adopted by the Verkhovna Rada on June 3,” the message said.
It is specified that the document defined a special procedure of taxation for value-added tax for operations of companies-non-residents on the supply of e-services to the citizens who live in Ukraine.
It is noted that foreign companies that supply e-services to Ukrainians will be obliged to register as taxpayers on the simplified procedure through a special app if the total sum of operation surpasses a million hryvnias ($36.574) per year. Non-residents will fill simplified accounting in e-form at the state or English language.
Earlier, the Verkhovna Rada supported in the first reading bill #4184, which is aimed to oblige Internet giants to pay taxes in Ukraine.