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Switch to determining VAT liabilities using cash accounting method may negatively impact decision of European Commission on Ukraine s accession to EU – Ministry of Finance

The switch to the determining VAT liabilities using the cash accounting method, as proposed by Head of the parliamentary committee on finance, tax and customs policy Danylo Hetmantsev, will complicate the administration of this tax and may negatively affect the decision of the European Commission on Ukraine's accession to the EU, the Ministry of Finance has told Interfax-Ukraine.

Reflections on the EU s Carbon Border Adjustment Mechanism

In July 2021, the EU announced a Carbon Border Adjustment Mechanism aimed at avoiding carbon leakage from the EU and promoting emissions reductions worldwide. This column summarises and reflects on a recent conference on the topic held by the EU-Japan Centre for Industrial Cooperation. It discusses the mechanism’s proposed implementation schedule, consistency with WTO rules,

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