Ukrainian President signed 'On Virtual Assets' into law in March 2022, but no tax amendments have been implemented yet.
for cryptocurrencies in the country. At the time, the government said it was working on amending Ukraine’s tax and civil codes to accommodate the legal framework, but no amendments to existing requirements have been implemented as of August 2023.
Many Ukraine-based crypto users on Telegram questioned whether they would be required to provide ‘backpay’ of taxes based on transactions over the last ten years. Some pointed to the government’s failure to adopt the regulations despite the law being passed in 2022.Telegram user Vini2010w. “They themselves boycotted, and now they consider it a lost profit. Idiots.”
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