Ukraine has introduced a new 14% reduced VAT rate from 1 March 2021. This is added to the existing standard VAT rate of 15% and the reduced rate of 7% on pharmaceuticals, and admission to cultural / cinema / sport etc and . The original plan had been to introduce this rate on 1 January 2021.
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The new rate applies to certain foodstuffs:
- Crops (wheat; corn; flax and rape seed; soybeans)