Tag Archives: SoP Party

Rada approves Ukraine gambling bill with no taxation policy 

Voting 248-to-95, Ukraine’s Verkhovna Rada (parliament) has approved the mandate of ‘Bill-2285D – Gambling Law’, passing the legislation to ‘form a new market for regulated gambling’.  The approval will allow Ukraine’s government to repeal its existing ‘Prohibition of Gambling Law’, which has held a blanket ban on all forms of gambling except state-run lotteries since 2009. The overhaul of Ukraine’s …

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Ukraine Rada approves unclear Gambling Law for second readings

Ukraine’s Verkhovna Rada (parliament) Finance Committee has approved Bill-2285D to be forwarded for second readings. Yesterday, Committee member Andrei Motovilovets declared that the Committee ‘unanimously supports the formation of a new market’, and sanctioned second readings for the SoP Party’s ‘Gambling Law’ mandate. The approval sees Rada update its parliamentary schedule to host a dedicated readings session on final provisions …

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Ukraine fast-tracks gambling readings but bill questions remain

Mirroring European counterparts, Ukraine’s Rada (parliament) has had to undertake radical adjustments to counter COVID-19 impacts, affecting its legislative resources and timetable. Facing a backlog of legislative readings, Rada’s situation is further undermined as President Volodymyr Zelensky ordered a sweeping senior cabinet reshuffle in March, having fallen out with influential first minister Oleksiy Honcharuk. Nevertheless, Zelensky’s SoP Party has maintained its …

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Ukraine Rada to review unclear tax frameworks

Four draft laws have been presented to Ukraine’s Verkhovna Rada (Parliament), which has set about establishing a new federal tax framework for gambling services. Nevertheless, industry observers appear unimpressed with the draft provisions to modify Ukraine’s tax code, in support of this month’s redrafted and approved Bill 2285-D, which will lay the foundations of ‘Ukraine’s Gambling Law’. The ‘main tax …

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