The Ministry of Finance of Ukraine announced the creation of working groups that will develop the positions of the department on the taxation of transactions with cryptocurrency, as well as the application of value added tax to software products. This is stated in a statement on the website of the Ministry of Finance, Hromadske reports.
“The generalized positions of the working groups will be presented to the Expert Council for the preparation of general tax consultations in the 4th quarter of 2018,” the Finance Ministry reports.
Previously, the National Bank announced the creation of a working group to determine the status of crypto currency in Ukraine.
Also, the government instructed to transfer cryptography to the classification of economic activities, which legitimizes this activity.