The Law “On Amendments to the Tax Code of Ukraine Concerning the VAT Rate on Transactions for the Supply of Certain Types of Agricultural Products” has been already signed by President.
In order to support agricultural production in Ukraine, the Law introduces a reduction in the VAT rate from 20% to 14% on supply and import transactions of certain types of agricultural products into Ukraine. There are cattle, pigs, wheat, rye, barley, oat, corn, soybeans, flax seeds, canola seeds, sunflower seeds, seeds and fruits of other oilseeds, sugar beets.
The previous tax rate applies for the following :
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