When finalizing the draft Law of Ukraine "On the State Budget of Ukraine for 2026," the government did not take into account the proposal of the Verkhovna Rada to extend the preferential VAT rate on imports of electric vehicles for another year.
The extension of preferential taxation with value-added tax on electric vehicle import operations for another year will lead to a shortfall in value-added tax to the budget, according to a comparative table on the accounting of budget conclusions of the Verkhovna Rada of Ukraine.
"This will create the basis for non-compliance with the requirements of the memorandum on economic and financial policy dated 06/19/2025, concluded between Ukraine and the International Monetary Fund, according to which Ukraine undertook to refrain from tax policy and administrative measures that may negatively affect the tax revenue base."
