The Verkhovna Rada is proposed to introduce ceiling prices for certain types of export products, upon exceeding which exporting companies will be obliged to pay 50% of the revenues received in excess of the established limit to the state budget, which will make it possible to replenish the state budget for a total amount of $6.37 billion per year and redirect these funds to support the social sphere.
Open4Business: Ukraine plans to tax ‘excess profits’ of exporters
Lawmakers listen to the speaker during the opening ceremony of the first parliament session in Kyiv on Sept. 1, 2020.
