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.
In Germany, Telegram faces a fine of 55 million euros because the company does not have a contact person who would be obliged to communicate with the state to distribute content that violates the law. Der Spiegel reported this. If the company refuses to cooperate with the German authorities, the application may be blocked in […]
Significant strengthening of the hryvnia against the dollar is due to four main factors. Vasyl Furman, Deputy Chairman of the Council of the National Bank of Ukraine, said this on the air of Ukraine 24 TV channel. “This is primarily an increase in prices in commodity markets, on the one hand, although, on the other […]
Ukraine is in the top 10 countries with the highest earnings on Bitcoin in 2020 – Ukrainian investors received about $ 400 million in profits on cryptocurrency. The Ministry of Finance with reference to the data of the analytical company Chainalysis reported this. The authors of the rating draw attention to the obvious dominance of […]
Authorities in the United States and the European Union have agreed to end a long-running trade dispute over the aerospace concerns Boeing and Airbus, which has resulted in mutual tariffs of more than $ 10 billion, said Catherine Ty, the US representative at the trade talks. “The US-EU agreement marks significant progress in reaching a […]
Microsoft will stop supporting Windows 10 on October 14, 2025. This was reported by the company’s press service. Thurrot writes that this means the date of the “death” of Windows 10. The publication adds that the new generation of operating system, which Microsoft will present next week, will not be called Windows 10, at least, […]
On the shores of the Black Sea, Radisson Hotel City Centre Odesa opens as Radisson Hotel Group’s 7th hotel in Ukraine in operation and under development. With an excellent location on the famous Derybasivska Street, Radisson Hotel City Centre Odesa unlocks the cosmopolitan city of Odesa, full of architectural styles, international cuisines and beautiful Black […]
It may take Nvidia twice as long to get approval for its deal to buy Britain’s largest technology company, Arm Holdings, which is owned by Japanese financial conglomerate SoftBank Group. After the companies announced a $ 40 billion deal last September, the first hurdle was a class action lawsuit from Google, Qualcomm and Microsoft, which […]
The American company Tesla demonstrated on Thursday in Fremont (California) its new electric car Model S Plaid. The presentation, led by Tesla Chairman Elon Musk, was broadcast on the company’s website. According to the businessman, critics have previously pointed out that the updated version of the Model S car will be “insanely fast”, and expressed […]
Facebook has begun merging Messenger and Instagram chats into a single correspondence system. The Verge writes about it. Reportedly, till August 14, many users of both iOS and Android devices in the Instagram mobile application began to receive notifications about the possibility of correspondence with friends who use Facebook. After the update, the usual Direct […]
Next
The Italian Antimonopoly Authority has announced that investigating allegations of fairness and improper commercial practices of Apple’s cloud services, Google and Dropbox. Along with the recent investigation into alleged fixing of prices, Italy’s antitrust regulator has said, that separately examines how companies, including Apple, manage their business in the cloud services in the country. According […]
Next
Ukraine can produce an average of about 5.5 billion cubic meters of “green” hydrogen annually. This was announced on Monday, March 29, by the State Agency for Energy Efficiency. Experts of the United Nations Economic Commission for Europe with the support of the Ministry of Energy and the State Agency conducted studies of the potential […]
Next
In 2021, NJSC Naftogaz of Ukraine expects to receive UAH 121,808 million in net sales revenue. This is stated in the explanatory note to the draft order of the Cabinet of Ministers on the approval of the financial plan of the NJSC. According to the document, the net profit is planned at 2,435 million hryvnias. […]
Next
The Swiss government has signed an agreement with the American biotechnology company Moderna, which will provide the country with early access to the coronavirus vaccine. Under the agreement, Switzerland will receive 4.5 million doses of the vaccine. Following this news, Moderna shares on the market on August 7 increased by 1.68% and reached $ 75. […]
Next
In the second quarter of 2020, Japan’s economy shrank by 7.8% over the previous three months. Such preliminary official data was published by Trading Economics. It is noted that the fall of GDP was recorded for the third consecutive quarter and became a record, due to the negative impact of the COVID-19 coronavirus pandemic. At […]
Next
In Ukraine, will disappear one more channel: it is talking about the information media resource UBR (UKRAINIAN BROADCASTING RESOURCE), a member of the Ukrainian Media Invest Group. According to the statement issued by Sergii Shynkar editor, which he did on his page on the social network Facebook, this decision is forced by the lack of […]
Next
Lauffer Group will invest 14 million UAH in the expansion and reconstruction program of its own trading network. Lauffer Group continues to implement a program of expansion and renovation of its own sales network in Odessa, Kharkiv and Dnipropetrivsk regions, according to ProAgro. In 2015, Lauffer Group invested about 4.25 million UAH in the opening […]
Next
The Major Trade Organization USTelecom, which represents the telecommunication companies in the United States, will speak at the court with a lawsuit, demanding for releasing it from the new “net neutrality” rules in the Internet. The new rules of the FCC equate Internet to conventional telecommunication channels and oblige providers equally apply to any traffic […]
Next
A grandiose financial scandal occurred in Toshiba. The company is accused in violating accounting and providing false information about their income. Because of the false information, as contained in the financial records of the company, the amount of income for the period 2008-2014 was understated for $ 1.9 billion. The regulatory authorities proposed the fine […]
Next
The network “Foxtrot” noted that the logo of the Bravis trademark must match the level of the top brands in consumer electronics, for increased demand among consumers. Such decision was taken to increase the competitiveness of domestic producers of electronics. In such a way the company decided to make changes and update the Bravis brand, […]
Next
Marriott is buying Starwood to make the largest hotel company in the world. Together, the companies will operate or franchise 5,500 hotels with a total of 1.1 million rooms. The company will span 100 countries. Marriott International (MAR) and Starwood Hotels & Resorts Worldwide (HOT) announced the $12.2 billion deal on Monday. Starwood brands include W Hotels, St. Regis, Westin and […]
Next
Many analysts have been predicting for about a year that Apple will merge and sell its services in packages, and today the news agency Bloomberg, citing anonymous sources, said it would happen in October, at the same time as the release of the new iPhone 12. Apple shares have responded to rumors of growth, although […]
Next
According to the results of the outgoing year, Apple and Samsung have not settled the patent dispute in court. As predicted by experts, the penalty in the amount of $ 548 million, which was awarded to pay Samsung for patent infringement, did not accept the competitors, and Apple has demanded additional sanctions in the amount […]
Next
The Samsung Group electronics declared a takeover of Harman International Industries Company. The price of one share of the American entity will cost shareholders of Samsung $112 that is 28% more than the start price of assets. Thus, the cost of the transaction reaches $8 billion. Harman International Industries is the American developer and the […]
Next
A few days ago between two companies was signed an agreement for $ 150 billion. It was the merger of two large companies – manufacturer of drugs and vaccines Pfizer and Allergan, which producing cosmetics and botox. The deal was struck not only to consolidate or improve its production system. The main reason for the […]
Next