As part of Law No. 466-IX, which was published on 22 May 2020, Ukraine has increased the annual income threshold for corporate taxpayers to submit returns on an annual basis. In general, Ukraine requires returns to be submitted based on quarterly reporting periods and calculated as a cumulative total, although an annual period applies for certain taxpayers, including newly created corporate taxpayers, agricultural producers, and taxpayers whose annual income net of indirect taxes in the previous annual period does not exceed UAH 20 million. With effect from 1 January 2021, the UAH 20 million annual income threshold is increased to...