The Ministry of Finance of Ukraine has published a bill that outlines the main tax obligations undertaken by Ukraine as part of its cooperation with the International Monetary Fund. The document includes a number of significant changes to tax legislation that are intended to be part of the implementation of the memorandum between Ukraine and the IMF.
This is reported by Finway
Key Tax Initiatives of the Bill
According to the published draft, four main changes in the tax sphere are planned:
- introduction of a tax on digital platforms, known as the “OLX tax”;
- cancellation of the exemption for duty-free import of international parcels valued up to 150 euros;
- establishment of a fixed military tax rate for individuals at 5%, with mandatory payment for simplified tax system users even after the state of war ends;
- mandatory payment of value-added tax (VAT) for single tax payers with annual income exceeding 4 million UAH.
Changes in IMF Approaches and Requirements
The Cabinet of Ministers is submitting these tax changes to the Verkhovna Rada for the second time. The first attempt, initiated at the beginning of 2026, was unsuccessful: deputies did not support the bill, after which the government was forced to prepare a new document, taking into account the changed IMF requirements.
The previous version included the registration of a bill on the taxation of digital platforms, while additional points regarding the cancellation of exemptions for international parcels and the permanent military tax were to be introduced in the second reading. The introduction of VAT for individual entrepreneurs was planned to be addressed separately, as at that time the IMF only required the registration of the relevant changes in parliament.
“All of them have ‘migrated’ into structural benchmarks. Moreover, while previously the IMF’s only requirement was the registration of the bill on the introduction of VAT for individual entrepreneurs, now it demands that the authorities adopt the relevant changes along with other tax initiatives by the end of March,” the material states.
Currently, the IMF has refused to make the adoption of tax changes a mandatory prerequisite for Ukraine to receive a new loan. All the mentioned initiatives have become part of the structural benchmarks, and the adoption of the tax change package must occur by the end of March.