ANNOUNCEMENT 01 Jan 2013

In January 2013, the government of Ukraine announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 1 neutral
  • 0 liberalising

SOURCE



G/SCM/N/284/UKR 20 July 2015, p. 9
https://docs.wto.org/dol2fe/Pages/FE_Search/DDFDocuments/133363/q/G/SCM/N284UKR.pdf


XIX.
4. , 1 2016 , , 2 "

Inception date: 01 Jan 2013 | Removal date: 01 Jan 2016

Tax or social insurance relief

In accordance with paragraph 4 of subsection 2 of section XX "Transitional Provisions" of the Tax Code of Ukraine (the Law of Ukraine of 02.12.2010 No. 2755-VI), and Law of Ukraine of 13.03.2012 No. 4495-VI, imports by aircraft enterprises into the customs territory of Ukraine in import (re-import) regime of goods (except for excise goods) is exempted from the payment of VAT.
According to WTO document G/SCM/N/284/UKR of 20 July 2015, the state subsidies were at the amount of285.41 million UAH in 2013 (approximately 36 million USD according to the USD/UAH exchange rate for 31.12.2013) and 345.79 million UAH in 2014 (approximately 22 million USD according to the USD/UAH exchange rate for 31.12.2014), respectively.
The beneficiaries are legal entities--residents of Ukraine--that operate in the aircraft sector and at least perform one of these three activities:

  • aircraft and aircraft engines manufacturing and repair works;
  • performing of military orders in connection to aircraft and aircraft engines manufacturing and repair works;
  • ensuring of the implementation of the international obligations of the country in international contracts that involve aircraft and aircraft engines manufacturing and repair works.

The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries. 
 

AFFECTED SECTORS