The poultry producers of Ukraine were exempted from income tax for 5 years

Published 2021년 12월 1일

Tridge summary

The article highlights the amendments to Ukraine's Tax Code, specifically affecting poultry producers, as part of the Bill "5600". These changes, effective from January 1, 2022, exempt poultry producers from income tax for five years, unless they are engaged in chicken farming. Furthermore, they will be shifted from the simplified single tax system to the general taxation system. An amendment has been overlooked during the committee's consideration, which introduces a unified tax rate for the fourth group, adding to the complexities of the tax changes.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Poultry producers were exempted from income tax for 5 years. However, chicken farming was excluded from the list of poultry. Such changes will come into force in connection with the adoption of the Bill "5600" On Amendments to the Tax Code of Ukraine and Certain Legislative Acts of Ukraine to Ensure Balanced Budget Revenues. This is stated in the article "How much to pay per hectare from January 1, 2022 - analysis of tax changes" on Kurkul.com. "Also, farmers who raise poultry, ostriches and quails will no longer be able to stay on the single tax. They are being transferred to the general taxation system, ”the article reads. During the ...
Source: Kurkul

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