Rada Supported Tax Audits Renewal, Strengthening of Financial Monitoring of PEPs

Verkhovna Rada Preliminarily Supported Tax Audits Renewal On 17.10.2023, the Verkhovna Rada adopted in the first reading amendments to the Tax Code of Ukraine, among others, suggesting to cancel the moratorium on tax audits (Draft Law No. 10016-д). However, according to the Ministry’s of Finance’s…

STS Powers’ Extension: Cabinet of Ministers Decision
STS Powers’ Extension: Cabinet of Ministers Decision

Resolution No. 888 of the Cabinet of Ukraine dated 22.08.2023 (the “Resolution”) amended the Regulation on STS, authorizing tax authorities to monitor the activities of non-bank payment service providers and electronic money issuers. In particular, from now on the above-mentioned entities are obliged to: notify…