Ukraine’s Verkhovna Rada Approves Bill No. 15111-d
Ukraine’s parliament has given its backing to Bill No. 15111-d, which introduces automatic international exchange of information on earnings from digital platforms and establishes taxation rules for such income. Under the new framework, individuals receiving revenue through digital platforms will be subject to a single 10% personal income tax (PIT) payment, with no additional military levy required. The law also sets a tax-free threshold of €2,000 per year for one-time sales of personal items conducted via these platforms.
Key Features of the New Legislation
A notable aspect of this legislation is that individuals will not need to file tax declarations for this type of income. Instead, the platform operator will handle all calculations, acting as a tax agent. Most provisions are scheduled to take effect on January 1, 2027. The new rules are expected to affect roughly 400,000 citizens and generate an additional fiscal impact of approximately 14 billion Ukrainian hryvnias annually.
These changes are being implemented with support from the European Union’s Public Finance Management Support Program for Ukraine (EU4PFM). The new regulations aim to reduce shadow income, foster the growth of the gig economy, and create a level playing field for all market participants.
Passing this bill marks a significant step toward integrating Ukraine into the global system of digital income taxation.
The automatic exchange of information is anticipated to streamline oversight of financial flows and curb tax evasion risks. Moreover, by simplifying tax procedures for individuals earning via online platforms, the new rules could encourage further expansion of the gig economy.
As Ukraine moves forward with its new taxation framework for digital platform income, it's important to consider the implications for popular services like Bolt, Uklon, and Glovo. These platforms will be significantly affected by the recent legislative changes, which aim to create a more equitable tax environment. For a deeper understanding of how these adjustments will influence the operational landscape of such services, read more about the 10% tax approved for platforms.