Newsletter № 18 is devoted to norms of the Law of Ukraine “On amendments to the Tax Code of Ukraine on the state support for culture, tourism and creative industries” as of 04.11.2020 № 962-IX.
This Law introduces tax incentives to support culture, creative industries, tourism, small and medium business due to restrictive measures related to the spread of coronavirus COVID-19.
Newsletter contains the following information:
- determination of budget grant for tax purposes;
- preferences for taxation of income received by taxpayers in the form of budget grant;
- preferences for single tax payers;
- VAT benefits for business in culture, creative industries and tourism.
Read the Newsletter № 18 here.