Our source in the OP said that Western partners are against increasing spending on the armed forces and demand not to increase payments to the military. The IMF has already sent a letter to Kabiiin with a warning that it will suspend its programs in Ukraine if the spending part of the budget is increased.
In this regard, the Cabinet of Ministers is preparing a new package of taxes for Ukrainians to close the hole in the budget due to the reduction of Western aid.
The government is going to introduce new taxes to finance defense needs
Yes, they plan to introduce additional taxation in the form of:
▪️0.1% military levy on the profits of enterprises and incomes of private enterprises;
▪️1.5% - from the value of precious metals;
▪️30% – from the cost of jewelry;
▪️10% - from the value of movable property.
▪️the possibilities of additional taxation of real estate transactions and the introduction of additional tax on some other transactions are being considered.
At the same time, even the introduction of these new taxes cannot cover all the additional needs of the budget, because the total fiscal effect from them will amount to only about 40 billion hryvnias. Therefore, they are considering raising the rates of basic taxes, namely VAT and military duty (from the income of individuals).
