Zelenskyy Refuses to Sign the OLX Tax Bill Due to Amendments Concerning PEPs
President Volodymyr Zelenskyy has not yet signed the law on the taxation of income generated through digital platforms due to amendments made by lawmakers regarding politically exposed persons.
According to Finance Minister Serhiy Marchenko, these changes have drawn a negative reaction from European partners.
If the law were signed without further clarifications, it could jeopardize further financial assistance to Ukraine from the EU.
The law is scheduled to be signed once a mechanism is established for adopting a separate bill that will clarify the controversial provisions regarding PEPs.
Source: Ministry of Finance
The Verkhovna Rada passed a law on the taxation of digital platforms, which the public has already dubbed the “OLX tax.” The bill was approved by 241 members of parliament. The “Servant of the People” faction provided the most votes, while “Batkivshchyna” and “European Solidarity” did not support the bill.
The Verkhovna Rada withdrew the controversial bill No. 14025, known as the “OLX tax,” from consideration. The reason is simple: there were not enough deputies to pass the bill, which would have taxed online sales and services.
