Area
Ukraine
Commodity Group
Oilseeds, oils and meals
Commodity
Select oilcrops
Date
01/12/2020
Policy Category
Other
Policy Instrument
Tax policies
Description
With a view to supporting domestic food manufacturers, lowered the value-added tax charged on select agricultural commodities, including sunflower seed, rapeseed, soybeans and linseed.
Notes
UKRAINE tax policies: With a view to support domestic food manufacturers, the Ukrainian Parliament agreed to cut the countrys value added tax on selected agricultural products including sunflowerseed, rapeseed, soybeans, linseed and other oilcrops to 14 percent from the current level of 20 percent. VAT refunds on exports of the concerned commodities would be reduced proportionally.
