Ukraine’s Parliament Rejects Plan to End Tax Exemption for Parcels Under €150: What Happened.

Parliament rejected benefit cancellation
Parliament rejected benefit cancellation

Law No. 12360 Amendments Fail to Pass

According to Novyny.live: On May 26, Ukraine’s Verkhovna Rada voted down proposed amendments to draft law No. 12360, which aimed to modify the Customs Code regarding parcel taxation. The bill sought to eliminate the current tax-free threshold for packages valued at up to €150, but it received only 222 votes in favor—falling short of the required 226.

Initially, the legislation was designed to establish key performance indicators for the customs service. However, during the voting session, parliament rejected all amendments tied to the bill. This outcome has sparked debate among analysts and experts, as removing the tax exemption on parcels—particularly those from China—could have significantly reshaped import flows.

Implications for Businesses and Consumers

As a result, proposed changes to Ukraine’s Tax Code and the issue of duty-free vehicle imports for military personnel remain unresolved matters for future parliamentary discussion. The failure to adopt amendments to draft law No. 12360 underscores the ongoing challenges in the country’s customs policy landscape.

The rejection of draft law No. 12360 could carry substantial consequences for Ukrainian businesses and consumers. Eliminating the tax break on imported parcels might drive up prices for foreign goods. Furthermore, this decision highlights persistent divisions within parliament over economic strategy, potentially complicating the passage of other critical legislative initiatives moving forward.


Read also

Advertising