Tax on sale of currency: the Parliament postponed the consideration of the bill indefinitely

Verkhovna Rada of Ukraine (the Parliament) based on the decision of the profile committee has postponed consideration of the bill, according to which individuals may be required to pay 15% of the tax on mandatory pension insurance on the sale of foreign currency for cash hryvnia. This was said by the Speaker Volodymyr Lytvyn during the meeting of the Parliament.

It should be noted that the bill number 11433, sponsored by the chairman of the Committee on Finance, Banking, Tax and Customs Policy Vitaly Khomutynnyk (the Party of Regions), was introduced to the parliament yesterday, November 19.

According to the document, the list of payers of the obligatory state pension insurance is proposed to include individuals engaged in the sale of foreign currency for cash hryvnia. The tax will be calculated at the official exchange rate of hryvnia to foreign currencies on the day of the transaction.

The bill caused a stir in society and the parliament, therefore Lytvyn deferred the consideration of the bill based on the decision of the committee and regulations of the Parliament.

RBC-Ukraine

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