“The National Securities and Stock Market Commission of Ukraine proposed a model of cryptocurrency taxation. This was reported by the head of the regulator Ruslan Magomedov. The initiative was presented at a meeting of the Working Group of the Verkhovna Rada Committee. The matrix describes the process of taxation of digital assets in three key areas – PIT, income tax on enterprises and VAT. According to Magomedov, the proposal was “based on the experience of other countries”. He also reported active work […]”, – WRITE: Businessua.com.ua

The National Securities and Stock Market Commission of Ukraine proposed a model of cryptocurrency taxation. This was reported by the head of the regulator Ruslan Magomedov.
The initiative was presented at a meeting of the Working Group of the Verkhovna Rada Committee. The matrix describes the process of taxation of digital assets in three key areas – PIT, income tax on enterprises and VAT.
According to Magomedov, the proposal was “based on the experience of other countries”. He also reported active work on the relevant bill.
“For several years, MPs have discussed this issue until the commission’s team has taken the championship. Finally, the case is moving, ”the NCSMS Chairman said.
Magomedov called “the formation of economically balanced and healthy conditions that will be comfortable for all” priority at the moment.
The details of the proposed taxation mechanism have not yet been disclosed.
In December 2024, the International Monetary Fund shifted the deadline for the updated legislation on regulation of virtual assets in Ukraine at the end of February 2025. The development of a regulatory document is still enshrined in the NBU and the NCSMS.
It should be reminded that the entry into force of the Law on Virtual Assets approved in 2021 was postponed to the approval of crypto -operation.
According to the new bill, Ukraine will give up tax benefits on bitcoin operation. The document is expected to be approved in the first half of 2025.
The task of developing new cryptocurrency regulation has been included in the National Income Strategy of Ukraine for 2024-2030 and a list of reforms for € 50 billion.
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