AreaUkraine
Commodity GroupOilseeds, oils and meals
CommoditySelect oilcrops
Date01/12/2020
Policy CategoryOther
Policy InstrumentTax policies
DescriptionWith a view to supporting domestic food manufacturers, lowered the value-added tax charged on select agricultural commodities, including sunflower seed, rapeseed, soybeans and linseed.
NotesUKRAINE 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.