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Ukraine Reimplements 18% Turnover Tax on Casino Operators

11 August 2023 by Therese Williams

This story was published more than 1 year ago.

Ukraine's parliament this week announced that it is reintroducing an 18% tax on turnover for online casino operations, generating roughly UAH 1.5 billion in to the country's budget moving forward.

The move came in an amendment to the Ukrainian tax code through Draft Law 6,529 and will put the rate into place when it is signed. The move was announced through the country's Finance Committee, with Chairman Danylo Hetmantsev broadcasting it through the Telegram messaging service.

Other moves in the tax code included more sanctions that can be imposed by the country on gambling operators.

Ukraine's gambling industry has continued to chug along, even amid the ongoing war with neighboring Russia. The country has imposed sanctions on a number of gambling operators that have ties to Russia, with some being forced out of the market altogether.

About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.