Ukrainian legislation passes gambling tax law

by Chonce Maddox

The bill sets the tax rate at 10% for all types of gambling, and gambling winnings of more than eight months' minimum wage (currently UAH 48,000) will be taxed as income.

The legislature first voted to approve a "shortened procedure" for the bill, which would allow it to pass by a single vote.


The bill was voted on earlier last month to pass its first reading, but failed to reach the required voting threshold despite receiving a majority vote. Nevertheless, it passed the vote to advance the bill to second reading.

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After final updates from the country's Finance Committee - such as a rule supplementing an earlier decision to remove a clause temporarily tripling licence fees until a nationwide monitoring system came into effect - it was passed.

Since some operators, such as previous licensees Parimatch and Cosmolot , have already paid these higher licence fees, the amended bill clarifies that these additional fees will be counted against future renewal fees.

In addition, details of the country's gambling winnings tax have been changed in the legislation, allowing players to deduct losses from their taxable winnings if they occur within the same 24-hour period.

Following these changes - and after the Rada's Committee on Integration with the European Union determined that the bill complies with EU law - the Rada again voted to pass the bill by a single vote.

This time, 252 MPs voted in favour of the bill, more than the 226 votes needed to pass it. 73 MPs voted against the bill and 15 abstained.

Previous versions of the tax bill proposed a rate of 10% to 30% of gross revenue, depending on the vertical. The bill follows last year's law on gambling, which legalized various forms of land and personal gambling in Ukraine.

3 comments

Dana Brandt November 29, 2017 - 8:11 pm

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