On 12 May 2022, the State Tax Service (STS) of Ukraine published new Q&As on the Peculiarities of the Simplified Taxation System, including consideration of the amendments introduced by Law No. 2173-IX of 1 April 2022. The new Q&As clarify and revise previously published Q&As on the temporary measures that expanded access to the simplified tax system for Group III at a single tax rate of 2% during the period of martial law. Among other things, this includes clarification that individual entrepreneurs and legal entities are allowed to benefit from the single tax rate of 2% during the period of martial law regardless of their amount of income (an increased income threshold of UAH 10 billion was previously provided).
Source Orbitax
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