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Update - Ukraine COVID-19 Tax Audit and Penalty Relief

01 April 2020

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Approved Changes

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Ukraine

As previously reportedly, Ukraine has introduced a number of tax relief measures in response to the COVID-19 pandemic. With respect to the suspension of tax audits, the suspension applies to 31 May 2020. With respect to the suspension of penalties for tax infractions, this applies for most infractions committed between 1 March and 31 May 2020. However, the suspension of penalties does not apply with respect to infractions relating to the accrual and payment of VAT, excise duties, and rent payments. Ukraine has also provided an exemption from import duties and VAT on medicines, medical devices/equipment, personal protective equipment, and...