Verkhovna Rada Committee on Finance, Taxation and Customs Policy
The Finance Committee of the Verkhovna Rada is a standing committee of the Ukrainian parliament responsible for budget policy, taxation, banking and financial regulation. It reviews and amends draft laws on public finances before they are put to a plenary vote. Its chair is elected from among the members of the Rada.
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Ukrainian parliament fails for second time to pass bill ending VAT exemption for parcels under €150
The Verkhovna Rada, Ukraine's parliament, voted down bill No. 15460, which would have abolished the VAT exemption for international parcels valued at up to €150. The bill received 194 votes in favour, 32 short of the number needed for passage. The failure leaves a key condition for IMF and EU financial assistance unmet.