Today, December 4, the Ukrainian parliament has adopted the draft law "On amendments to some laws of Ukraine concerning the organization and conduct of gambling and lotteries" in the second reading.
Previously, we detailed the anticipated changes this law would bring. You can explore them in our earlier article via the link below ⬇️
🔗: https://4h.agency/everything-else/tpost/s65uknt5d1-changes-in-the-gambling-legislation-of-u
In four years of the existence of the Ukrainian legal gambling market, these are the first serious legislative changes. Of course, to say with certainty that these changes will be implemented, the procedure still requires signing the draft law by the President, but in this case it is more of a formality.
Analyzing the text, we see that the draft law is, first of all, an attempt to solve the problems that have accumulated in the market as a result of not taking into account the practical features of gambling at the stage of legalization.
We hope this will help the sphere develop and the market will become more attractive for legal operators.
We have been monitoring this jurisdiction from the very beginning, and would like to say that the issue of taxation remains unresolved: the Ukrainian tax code is not adapted to the realities of business, as a result of which operators quite often face claims from various government agencies in the context of paying taxes.
We know that when preparing the adopted draft law, the deputies also discussed changes to the Tax Code, but for some reason they were removed from the final version.
We hope that the parliamentarians will not forget about this issue either.
Previously, we detailed the anticipated changes this law would bring. You can explore them in our earlier article via the link below ⬇️
🔗: https://4h.agency/everything-else/tpost/s65uknt5d1-changes-in-the-gambling-legislation-of-u
In four years of the existence of the Ukrainian legal gambling market, these are the first serious legislative changes. Of course, to say with certainty that these changes will be implemented, the procedure still requires signing the draft law by the President, but in this case it is more of a formality.
Analyzing the text, we see that the draft law is, first of all, an attempt to solve the problems that have accumulated in the market as a result of not taking into account the practical features of gambling at the stage of legalization.
We hope this will help the sphere develop and the market will become more attractive for legal operators.
We have been monitoring this jurisdiction from the very beginning, and would like to say that the issue of taxation remains unresolved: the Ukrainian tax code is not adapted to the realities of business, as a result of which operators quite often face claims from various government agencies in the context of paying taxes.
We know that when preparing the adopted draft law, the deputies also discussed changes to the Tax Code, but for some reason they were removed from the final version.
We hope that the parliamentarians will not forget about this issue either.
