Approaches to determining the unit of excise tax rate on beer may change in Ukraine. This is stated in the bill of the Cabinet of Ministers №5600, which was registered in the Verkhovna Rada the day before.
It is noted that Ukraine is obliged to bring its own legislation in line with the European directive of October 19, 1992 on the harmonization of structures of excise duties on alcohol and alcoholic beverages.
“Article 3 of this directive stipulates that the excise tax levied on beer is set depending on the actual strength of the finished product. In Ukraine, the rate of excise duty on beer is set per 1 liter of finished product,” the government explained.
The bill proposes to replace the current rate of excise duty for 1 liter of beer with a rate for 1 liter of 100 percent alcohol, based on the weighted average strength of beer for 2019-2020 in 4.88% by volume and the consumer price index in 2020 at 5%.
In particular, the document proposes to impose an excise tax on alcohol contained in malt beer at the rate of UAH 59.82 per 1 liter of 100% alcohol, for a beverage containing 4% alcohol the tax will be UAH 2.39 / l, and 8% alcohol – 4.79 UAH / l.
Now beer is subject to excise tax of UAH 2.78 per 1 liter of beverage of any strength.
Company Continues Strategic Expansion Adding New Service Capabilities, Talent, and Broadening Nearshore Footprint SAN JOSE, Calif.—January 5, 2023— GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced the acquisition of Hexacta, a Pan-Latin-America digital and data engineering company. The acquisition is part of GlobalLogic’s continued strategy to expand its offerings, and its […]
Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]
Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]
Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]
From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]
Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]
3×4, a Web3 fundraising platform for non-profits, has been launched in Ukraine to bring innovative crypto & NFT fundraising to the rising number of social impact causes. 3×4 helps non-profit organizations to fundraise utilizing NFTs in collaborations with artists and brands while providing donors utility, revenue and transparency. The idea of 3×4 was born in […]
In Ukraine Boyden Global,one of the leaders in the market of personnel recruitment and provision of consulting services will begin work in the nearest future.Executive Search multi-national company. According to Aleksei Dolgikh,the head of the Ukrainian Boyden office: “the working group of specialists is already created and ready to work”. The former director of Pedersen&Partners […]
NextThe international telecommunications company Liberty Global has made an offer to the Swiss Provider Sunrise Communications Group AG on the acquisition, the value of the transaction is estimated at 6.8 billion Swiss francs ($ 7.4 billion), the company said. “Liberty Global announced today, that in accordance with the terms of the agreement between Liberty Global […]
NextIn Lausanne (the Swiss city) took place the final of the international start-up competition Seedstars Summit 2016 in which the best tourist startup in the world was chosen. The main prize, the investment of up to $ 500,000 received the Ukrainian company TripMyDream. The team fought for the title of winner among the ten finalists, […]
NextToday the commercial real estate market is experiencing not its best times. Expectations of both demand and supply growth, and, indirectly, the expectation of economic growth in general are the overall trends of recent years. Current market situation and perspectives Retail turnover for the last year amounted to 1 trillion 159 billion and 271 million […]
NextThe new Ukrainian low-cost carrier Bees Airline registered its first two aircraft in Ukraine – a Boeing 737-800. “This is a Boeing 737-800 with flight numbers of the Ukrainian register UR-UBA and UR-UBB. The State Aviation Service issued registration certificates for them on February 22 and 23, 2021,” the statement reads. It is noted that […]
NextDuring his visit to Kyiv, French Minister of Economy, Finance and Reconstruction Bruno Le Mer will sign four strategic intergovernmental agreements worth a total of 1.3 billion euros. He said this in an interview with Interfax-Ukraine. “During my visit, France will sign four strategic intergovernmental agreements with Ukraine totaling 1.3 billion euros. This is very […]
NextThe Hungarian-Polish low-cost airline has decided to return to the Ukrainian market. The Loukost Wizz Air is seriously considering the possibility of expanding its presence in the Ukrainian market. This was told by the CEO of the airline Jozsef Varadi in an interview to the Polish portal fly4free.pl. “We see that the situation in Ukraine […]
NextOn Monday, December 7, Uber and startup Aurora Technologies announced an agreement under which Aurora will take over Uber’s Advanced Technologies Group, which has been developing self-governing cars. Under the terms of the agreement, Uber will receive $ 400 million, 26% of Aurora shares, and the general director of the taxi service, Dara Khosrowshahi, will […]
NextThe agreement between two chemical corporations will make a company with a market value of $ 120 million. According to information of WSJ, two companies began to discuss the merger in November 2015. Now representatives of the enterprises carry out the last part of the negotiations between the leaders. When companies announced about agreement between […]
NextThe American company Pfizer and the German BioNTech have applied to the European Medicines Agency for registration of their coronavirus vaccine. The announcement was published on the BioNTech website. “On Monday, November 30, Pfizer and BioNTech filed a formal application with the European Medicines Agency for a conditional authorization to use their COVID-19 candidate vaccine […]
NextThe number of confirmed COVID-19 cases in the United States continues to rise, but disease mortality rate is declining. This was announced on Sunday, July 6, by US President Donald Trump in his Twitter. “New China Virus Cases up (because of massive testing), deaths are down, “low and steady”. The Fake News Media should report […]
NextApple has patented the new method with the help of the smartphone will be able to repair damage to the display. Such technology can be implemented in the iPhones of the future generations with the flexible displays. The display will be covered with the layer of the elastomer which has highly elastic properties and viscosity. […]
NextHealth Minister Maxim Stepanov and British Ambassador to Ukraine Melinda Simmons discussed the possible production of a coronavirus vaccine at Ukrainian facilities. The Ministry of Health is in constant contact with AstraZeneca. This was announced by the head of the Ministry of Health on Facebook. Vaccine production may be launched in the near future. “We […]
NextThe “Bunge Ukraine” company launches a new oil-extraction plant in Mykolaiv region. The estimated capacity is 2400 t / day. According to the “APK-Inform”, as referred to the sources of the company, the “Bunge Ukraine” company plans to put into operation the oil-extraction plant in Mykolaiv region in the coming months. Currently, the pre-commissioning activities […]
NextAntimonopoly Committee of Ukraine allowed the company Uniline finance to gain control of six agricultural companies in Dnipropetrivsk and Zaporizhzha regions. Based on the received permission, the company Uniline finance Ltd. (British Virgin Islands) is going to acquire more than 50% of the shares of Astev Investment Company (Cyprus). According to the AMCU, the online […]
NextOperators of gas transportation systems in Ukraine and Hungary – PJSC “Ukrtransgaz” and FGSZ Zrt – discussed the principles of cooperation between the companies in 2016 and the prospects for its expansion. According to the press service of “Ukrtransgaz” with the Ukrainian side, the meeting, in particular, was attended by President Igor Prokop, First Vice-President […]
Next