Ukrainian lawmakers are studying the rate of encryption tax of up to 10 % as they are ready to vote on the draft codification law in the coming months. Ukraine has decided to move forward in legalizing digital assets, and legislation is expected to be completed by mid -2015.
Ukrainian local media I mentioned On February 28, legislators in the country were expected to vote on a long -awaited bill in the coming months, but the uncertainty about how to impose taxes on digital assets remain a major issue that could affect the growing coding sector in the country. According to the report, the issue of codification and tax taxes in the country has long been in “folding forgetfulness”, but it is assumed that “people’s deputies will vote in favor of the bill corresponding to the first quarter of 2025.”
Taras Kozak, head of the investment group, and the vice of Kiev City Council, said that the problem of the legitimacy of the digital assets market will be solved by the summer, although what is happening with the income tax is still unclear. Hetmantsev Chairman revealed that he was doing everything possible to accelerate the adoption of a draft law on codification of encryption.
Hetmantsev predicts the first reading by the end of March
Only in: Ukraine progresses with the codification of encryption with legislators who are expected to vote on a bill in the coming months.
source: News_crypto pic.twitter.com/kpsc5hxsa
Mario Noufal’s doctrine (Roundtablespace) March 1, 2025
Hetmantsev Chairman expected that the first reading will be held by the end of March, and that the second reading in Parliament will follow it directly. He pointed out that the law should be adopted by summer, although Kozak did not agree to it, saying that he expected these procedures to be completed in 2026. Kozak added that he was optimistic and believed that the draft law will pass all readings in Verkhovna Rada, and they will be signed, and that Crypto will be legalized and entered from the tax from 2026.
According to Kozak, investors and companies that use encryption in their activities were not against the renewal of the state budget, but the final rate was very important. He added that the consensus of this society is 5 %, so many Ukrainians are ready to pay income.
However, the state was still discussing standard taxes with a 18 % proposed tax on individuals ’income in addition to 5 % of the military tax. Ukrainians who invest before the law will drive 23 % of the entire origins and not from the income received because they will not be able to prove the origin of their original financial resources.
“I tend to the fact that there must be a small tax – about 5 % to 10 %. Taxes must be imposed on all citizens’ income, because our country lives on these funds, bonuses of our army, buy weapons and maintain security. “
-Taras kozak
Hetmantsev previously warned that “the Ukrainians should not have illusions about the introduction of benefits.” He added that the encryption market will not get a low rate, but there will be a “ordinary model for securities operating taxes” when taxes are imposed on all investment profits.
The deputy of people says there are no preferential tax conditions for encryption after legalization
Hetmantsev said at the EP Forum “The Prospects of Investments within the country” that although Ukraine was more likely to legalize encryption in the first quarter of 2025, one should not rely on the conditions of preferential taxes. ”
The head of the Verkhovna Rada Tax Committee explained that Ukrainian officials were in consultations with European experts and colleagues, and they were cautious in using encryption with tax advantages due to the possibility of tax evasion in traditional markets. Hetmantsev emphasized the urgency to pass encryption legislation, on the pretext that the delay can hinder Ukraine’s ability to attract foreign investment in coding industries.
According to Hetmantsev, if the law is enacted, Ukraine will join a growing list of countries that formally integrate the encryption into its financial and tax systems. However, industrial leaders stressed that tax policies will play a decisive role in determining whether the encryption market will flourish or struggle under organizational pressure.
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