A new bill proposed by a Ukrainian lawmaker would hand cryptocurrency holders a 10-year break from reporting earnings on their tax returns.
Cryptocurrency miners would also get import tax breaks for the next decade, and would not face VAT penalties when selling on mining gear in the Ukrainian market. The moratorium would end on December 31st 2029.
Interestingly, Bill No. 9083-1 – the title of which translates as ‘On Amending the Tax Code of Ukraine on the taxation of transactions with virtual assets in Ukraine’ – also sets out important definitions of industry
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