On 15 September 2020, The Ukrainian Parliament has accepted for consideration Draft Bill No. 4101, which introduces loss carry-back provisions. The loss carry-back provisions would allow taxpayers to carry back losses up to 5 years.
The Bill also provides an exemption from penalties for tax debts that arose as of 1 March 2020, and remained unpaid as of 1 September 2020, provided that full payment is made within 6 months.
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