Draft Law No. 2713-d aims to bring the following changes to the Tax Code of Ukraine:
- to tax the income from the organization and conduct of gambling, activities for the issuance and conduct of lotteries at a rate of 10% (by comparison, current legislation provides for taxation at 18% income tax on bookmaking, gambling (including casinos), 10% income tax on gambling using slot machines, 30% income tax on issuing and conducting lotteries). Thus, accrued income tax reduces the financial result that is subject to profit tax.
- to abolish personal income tax on the prizes in gambling or lottery, the amount of which do not exceed 8 minimum wages set for January 1 of the relevant calendar year (UAH 48,000 as of January 1, 2021).