Ukranian Ministry of finance to create working group on crypto taxation

The Ministry of Finance informs about the creation, starting from October 16, 2018, of two working subgroups for the development of positions regarding:

  • VAT taxation of supply of software products (in order to prepare a draft general tax advice);
  • Problematic issues of taxation of transactions with cryptic currencies (in order to assess the possibility of preparing general tax consultations on the current legislative basis or defining the concept of changes to tax legislation).

Source : Ukrania Ministry of Finance Website