Taxation - The Kyiv Independent (Page 2)

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Ukraine imposes additional taxes on foreign tech: What changes for Google, Facebook users

by Daryna Antoniuk December 11, 2021

From January 2022, Ukraine will apply a 20% tax on web-based services provided by foreign tech firms. According to the law, passed by parliament in June, foreign tech companies have to pay a 20% value-added tax, or VAT, for digital services they provide to local users. The law targets products

Ukraine

Ukrainians declare assets worth $9.25 million in tax amnesty

by Dylan Carter December 3, 2021

Danylo Hetmantsev, the head of the parliament's finance and tax committee, wrote on Dec. 3 that Ukrainians have voluntarily declared assets worth $9.25 million (Hr 250 million) under the ongoing tax amnesty. The state budget received $385,000 (Hr 10.4 million) from this sum, according to Hetmantsev. The

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1:49 AM

Kremlin's war economy shows cracks as military spending boom fades.

The slowdown indicates that Western sanctions, though not a knockout blow, are increasingly damaging the Russian economy.

11:09 AM

(Updated: July 5, 2025 10:50 pm)

Trump says Putin 'wants to keep killing people,' signals US may send Patriots to Ukraine.

"It just seems like he wants to go all the way and just keep killing people. It's not good," U.S. President Donald Trump said.

10:29 PM

Zelensky describes phone call with Trump as 'best conversation in all this time.'

"Patriot (missiles) are key to protection from ballistic (missiles). We discussed several other important issues that our teams will work out in detail at meetings in the near future," President Volodymyr Zelensky said.

9:09 PM

Pipelines supplying Russian military explode in Russia's Far East, source says.

Explosions near Russia's Vladivostok damaged a gas pipeline and destroyed a water pipeline that supplied military facilities in the area, an unnamed intelligence source told the Kyiv Independent on July 5.

7:35 PM

BlackRock halted Ukraine recovery fund following Trump victory, France working on replacement, Bloomberg reports.

BlackRock, a U.S. investment firm, suspended work on its multibillion-dollar Ukraine recovery fund following U.S. President Donald Trump's election victory, prompting France to work on a replacement, Bloomberg reported on July 5.

6:05 PM

Ukraine hits Russian electronic warfare facility making Shahed, Iskander components, General Staff says.

The facility develops and manufactures Kometa adaptive antenna arrays used in Shahed-type drones, Iskander-K cruise missiles, and guided aerial bomb modules, according to the Ukrainian military.

5:33 PM

Russia captures 2 villages near Dnipropetrovsk Oblast border, monitoring group says.

Russian troops have been escalating their assaults in the area and are attempting to breach into Dnipropetrovsk Oblast, which has not seen significant Russian incursions since 2022.

4:44 PM

Ukraine's army chief warns of new Russian offensives in northeast as he visits Kharkiv Oblast front.

Russian troops are ramping up attacks in the sector using large numbers of troops, Commander-in-Chief Oleksandr Syrskyi said.

9:11 PM

(Updated: July 5, 2025 2:46 pm)

'Nothing but terror and murder' — Russia pounds Kyiv with record overnight drone, missile attack, 2 dead, 26 injured.

Fires broke out across the city as Russia attacked the capital overnight on July 4. At least 23 people have been injured, with 14 of the victims hospitalized.

2:27 PM

EU to help Moldova fight hybrid attacks from 'agents of autocracy,' von der Leyen says ahead of September election.

"Who is behind those attacks is clear to all of us here," European Commission President Ursula von der Leyen said.

2:08 PM

Drone threat reportedly causes mass flight delays in Russia's Moscow, St Petersburg airports.

Some passengers reported waiting more than 10 hours, according to the pro-Kremlin Telegram channel Shot.

1:03 PM

Russia seeks to involve Laos in war against Ukraine, military intelligence claims.

Moscow is organizing the deployment of a combined unit of military engineers from the Lao People's Armed Forces to Russia's Kursk Oblast, allegedly to help with demining operations, Ukraine's military intelligence said.

11:49 AM

4 killed, 37 injured in Russian attacks on Ukraine over past day.

Russia launched 322 drones overnight, including Iranian-designed Shahed-type attack drones, according to Ukraine's Air Force.

7:44 AM

(Updated: July 5, 2025 11:10 am)

Ukrainian drone strike on Russian airfield hits bomb depot, aircraft.

The airfield hosts Su-34, Su-35S, and Su-30SM jets that Russia regularly uses in air strikes against Ukraine, according to the Ukrainian military.

9:20 AM

General Staff: Russia has lost 1,025,260 troops in Ukraine since Feb. 24, 2022.

The number includes 1,050 casualties that Russian forces suffered over the past day, according to the General Staff of Ukraine's Armed Forces.

8:00 AM

New NATO commander takes helm as alliance lauds outgoing chief for modernizing defense.

NATO Secretary General Mark Rutte presided over the handover, commending outgoing U.S. Army General Christopher G. Cavoli for his contributions to modernizing NATO's collective defense and bolstering support for Ukraine.

5:47 AM

Moldova's EU future rests on September election, President Sandu says.

Moldovan President Maia Sandu hopes her pro-European Party of Action and Solidarity (PAS) will retain its parliamentary majority in the September 28 elections.

4:41 AM

NATO chief urges US 'flexibility' on Ukraine aid as Washington halts deliveries.

"The US has to make sure that the stockpiles are at the level we need for the U.S. to have, because they are crucial for our collective defense," Rutte told reporters on July 4. "At the same time, of course, we hope for the flexibility, we have to make sure also that Ukraine can move forward."

2:59 AM

Russia

Field report

Russia launches another horrific attack on Kyiv moments after Trump-Putin talks call

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