On 12 March 2020, the National Bank of Ukraine decided to reduce its key policy rate from 11% to 10% per annum with effect from 13 March 2020. The interest rate has a tax effect on the late tax payment interest and penalties.
Related Posts

Maldives, Ukraine sign addendum to CRS MCAA
Maldives and Ukraine have signed the Addendum to the Multilateral Competent Authority Agreement on Automatic Exchange
Read More
Ukraine: Parliament passes 2027 budget draft at first reading
Ukraine's parliament has adopted the draft State Budget for 2027 (Draft Law No.16000) at first reading on 28 October
Read More
Ukraine: Parliament moves to extend 50% bank profit tax
Ukraine’s Parliament has adopted draft law No. 15262 in the first reading on 27 October 2026, extending the increased
Read More
Ukraine signs DPI MCAA to implement DAC7 rules on platform income
Ukraine’s Ministry of Finance announced that the State Tax Service, acting as the competent authority, signed the DPI
Read More
Ukraine: Central Bank tightens key policy rate
Ukraine’s central bank, the National Bank of Ukraine, raised its key policy rate to 16.5% on 29 October 2026, citing
Read More
Ukraine imposes 20% VAT on all cross-border e-commerce parcels
Ukraine’s parliament approved a package of tax and customs amendments on 15 October 2026 to bring cross-border
Read More