In Ukraine, they propose to exempt winnings in gambling and lotteries up to 50 thousand hryvnias from tax. The relevant provision is contained in the bill submitted for consideration by the Verkhovna Rada of Ukraine. The authors propose to amend the Tax Code so that only winnings in excess of 50 thousand hryvnias are taxed. There are no tax deductions for smaller gambling winnings. Recall that the first gambling license in Ukraine was received by the Kosmolot online casino.
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