In January, the general fund of the state budget received UAH 79.4 billion (91.8% of the plan) in taxes and fees controlled by the State Tax Service. This was reported on her Facebook page by the Acting Head of the State Tax Service Lesya Karnaukh. “The beginning of the new year turned out to be…
The State Tax Service and the Business Ombudsman Council jointly implemented the first tax mediation case in the history of Ukraine. This was reported on her Facebook page by the Acting Head of the State Tax Service Lesya Karnaukh. “The tax mediation mechanism has already proven its effectiveness. Thanks to the constructive work of the…
The Cabinet of Ministers of Ukraine has decided to improve the mechanism for insuring property against war risks. The changes will take effect and apply to property damaged or destroyed from January 1. From now on, not only real estate but also production equipment (machine tools, apparatus, instruments, devices, etc.) used in core activities will…
The Cabinet of Ministers of Ukraine approved the draft Law “On Amendments to Certain Laws of Ukraine Regarding the Definition of Business Entities”, which fully harmonizes the criteria for classifying enterprises with European Union standards. The draft law modernizes approaches to defining micro, small and medium-sized enterprises (SMEs) and eliminates barriers that, due to outdated…
Latvia is currently not considering a scenario of raising taxes, Finance Minister Arvils Aseradens (New Unity) has said. The minister stressed that Latvia’s public debt level remained moderate and that there was still room before reaching the Maastricht criterion ceiling of 60% of GDP. Aseradens also noted that the European Commission had approved Latvia’s budget…
Slovakia will relaunch its retail government bond programme in March, offering two new bond issues to individual investors with lower yields than last year, the Finance Ministry has said. The state plans to sell up to EUR 400 million worth of bonds, with the option to increase the total to EUR 500 million if demand…
As the price of gold soared to an all-time high, surpassing $5,000 per ounce (EUR 4,200), a senior official at the Bank of Lithuania acknowledged that the central bank could have profited from additional purchases but chose not to due to its long-term policy. “Looking back, we definitely missed out. If we had bought more…