Markets and Trade
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 country’s 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.