Danylo Hetmantsev, Chairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy, has denied the statement of the National Securities and Stock Market Commission (NSSMC) regarding the approval of the so-called «matrix» taxation of cryptocurrencies. He emphasized that the Committee did not approve any proposals from the NSSMC on this issue.
«Unfortunately, the guys from the National Securities and Stock Market Commission again failed to understand and published some matrix» of crypto taxation known only to them» that has no connection with reality», — Getmantsev said.
The day before, the NSSMC announced that it had allegedly agreed with the Committee on the principles of taxation of various transactions with virtual assets, from mining to airdrops. It is based on international experience and adapted to Ukrainian jurisdiction
In this matrix, for example, profits from the sale of cryptocurrency and its use to pay for goods or services are subject to taxation at the standard rate: 18% personal income tax and 1.5% military duty. In some cases, preferential taxation of — 5% or 9% will be considered.
It is proposed not to impose taxes on mining, staking, holding, and eidrops (provided that the tokens are not used to purchase goods or services).
Earlier it was reported that a draft law on virtual assets in Ukraine is to be prepared by October this year with the distribution of regulatory powers. The European directive MiCA will serve as the basis.
Source: Danylo Hetmantsev
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