As part of Law No. 466-IX, which was published on 22 May 2020, Ukraine has increased the value threshold for assets to be considered fixed assets for depreciation purposes from UAH 6,000 to UAH 20,000. With the change, when an asset is acquired for use in economic activity, it is generally considered a fixed asset subject to depreciation if its value exceeds UAH 20,000. If the value of an asse…