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Newsletter № 18. State support for culture, creative industries, tourism, small and medium business due to restrictive measures related to the spread of coronavirus COVID-19

, published 22 January 2021 at 18:28

Newsletter № 18 is devoted to norms of the Law of Ukraine “On amendments to the Tax Code of Ukraine on the state support for culture, tourism and creative industries” as of 04.11.2020 № 962-IX.

This Law introduces tax incentives to support culture, creative industries, tourism, small and medium business due to restrictive measures related to the spread of coronavirus COVID-19.

Newsletter contains the following information:

- determination of budget grant for tax purposes;

- preferences for taxation of income received by taxpayers in the form of budget grant;

- preferences for single tax payers;

- VAT benefits for business in culture, creative industries and tourism. 

Read the Newsletter № 18 here.