Ukraine: scrap exports facilitated

Ukraine’s Cabinet of Ministers has facilitated exports of scrap ferrous and nonferrous metals, revoking the registration of foreign economic contracts related to transactions with scrap metal. The amendments were made to some government resolutions in resolution No. 1035 dated December 28, 2016. The resolution also annuls some previous government resolutions. “The government has relaxed the…

Ukraine: VAT reimbursement in 2016

The largest recipient of VAT refunds in 2016 was ArcelorMittal Kriviy Rih, which received 8.03 billion UAH, the State Treasury Service has said. According to its data, it is followed by Mariupol Ilyich Iron and Steel Works with 3.77 billion UAH and Azovstal with 3.46 billion UAH. Among other major VAT refund recipients are Poltava…