Digital platform taxation bill gains strong backing from business community

Roundtable discussion on Draft Law No. 15111-d

According to Мінфін: On June 4, a roundtable was held to examine Draft Law No. 15111-d, which aims to implement the EU DAC7 Directive and bring income generated through digital platforms out of the shadows. The event brought together representatives from Parliament, the Government, the business community, and expert circles. The bill's core objective is to establish a transparent framework for taxing revenues flowing from digital platforms.

Business and expert support

Representatives from the business sector, digital platforms, and expert organizations unanimously called for the swift adoption of Draft Law No. 15111-d. Participants in the discussion included delegates from the American Chamber of Commerce in Ukraine and Diia.City United, both of whom gave the initiative positive reviews.

'This bill will help boost budget revenues without raising the tax burden-by broadening the taxpayer base and formalizing previously undeclared income. At the same time, it fosters a transparent and trust-based relationship between the state, businesses, and citizens, where tax payment is simple, clear, and fair for everyone involved.' Svitlana Vorobey

Summing up the discussion, participants stressed the urgency of passing the bill to support the growth of digital platforms in Ukraine and to advance the formalization of the economy.

Draft Law No. 15111-d, as debated during the roundtable, holds significant promise for reshaping how income from digital platforms is taxed in Ukraine. Its implementation could lead to a substantial rise in state budget revenues while also creating more transparent conditions for doing business in the digital space. Attendees emphasized that adopting this legislation would mark a crucial step toward economic formalization and improved state-business cooperation.

As the conversation around digital taxation evolves, it is equally important to consider how other areas of taxation are being addressed. Recently, the government and business sectors have reached a consensus on the taxation of international parcels, which could further enhance revenue streams and compliance within the economy. This agreement complements the objectives of Draft Law No. 15111-d, highlighting the broader effort to modernize Ukraine's tax framework. For more insights on this significant development, see our article on international parcel taxation.