Andrii Parubii signs law decreasing excise duties for importation of pre-owned vehicles

Press Service of the Verkhovna Rada of Ukraine Secretariat
Published on 16 June 2016, at 14:48

At the Thursday plenary meeting, Chairman of the Verkhovna Rada Andrii Parubii signed the draft law No. 3251 "On amendments to Sub-Chapter 5 of Chapter XX 'Transitional provisions' of the Tax Code of Ukraine" (as to stimulation of development of pre-owned vehicles market).

In compliance with the Verkhovna Rada Regulations, the Law was submitted for signature of President Petro Poroshenko.

The document envisions a decrease of the export duty for importation of pre-owned passenger cars until 2019.

The terms of the law touch only the vehicles manufactured not earlier than in 2010 and meeting the Euro-5 standards.

Reference information: the Verkhovna Rada of Ukraine adopted respective draft law on May 31, 2016.

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