On June 9, 2026, the Verkhovna Rada of Ukraine adopted Law No. 4903-IX \u201cOn Amendments to the Tax Code of Ukraine and Certain Legislative Acts of Ukraine Regarding the Introduction of International Automatic Exchange of Information on Income Earned Through Digital Platforms and the Taxation of Such Income\u201d.<\/p>\n\n\n\n
At first glance, the title of the Law appears unrelated to the activities of mining and quarrying enterprises. However, one of its final provisions introduces export duties on certain types of stone classified under UCG FEA codes 2516 11 00 00, 2516 12 00 00 and 2516 90 00 00 (granite blocks, slabs and other stone products).<\/p>\n\n\n\n
The new export duty has been set at EUR 0.3 per kilogram of net product weight and is expected to remain in force for a period of ten years.<\/p>\n\n\n\n
At present, these changes do not apply to enterprises producing crushed stone and rubble stone products. Nevertheless, given the regulatory developments affecting the extractive industry, the situation deserves close attention, particularly for companies involved in both construction stone and dimension stone extraction.<\/p>\n\n\n\n
March 30, 2026<\/strong> \u2013 The Cabinet of Ministers of Ukraine submitted Draft Law No. 15111 to the Verkhovna Rada.<\/p>\n\n\n\n April 3\u20137, 2026<\/strong> \u2013 Four alternative draft laws were registered.<\/p>\n\n\n\n April 6, 2026<\/strong> \u2013 Members of Parliament Danylo Hetmantsev, Andrii Motovylovets, Oleksandr Sova and Yaroslav Zhelezniak registered Draft Law No. 15111-d.<\/p>\n\n\n\n April 7, 2026<\/strong> \u2013 The Parliamentary Committee on Finance, Tax and Customs Policy recommended Draft Law No. 15111-d as the basis for further consideration.<\/p>\n\n\n\n April 8, 2026<\/strong> \u2013 Draft Law No. 15111-d was adopted in the first reading.<\/p>\n\n\n\n Notably, none of the draft laws considered during this period contained any provisions regarding export duties on stone products.<\/p>\n\n\n\n May 6, 2026<\/strong> \u2013 During preparation for the second reading, amendments were introduced establishing export duties on certain stone products, including raw granite, roughly worked granite, and other monumental or building stone.<\/p>\n\n\n\n June 9, 2026<\/strong> \u2013 Law No. 4903-IX was adopted by the Verkhovna Rada.<\/p>\n\n\n\n June 12, 2026<\/strong> \u2013 The Law was signed by the Chairman of the Verkhovna Rada and submitted to the President of Ukraine for signature.<\/p>\n\n\n\n The adoption of Law No. 4903-IX has generated significant concern and criticism within the business community. Additional analysis of the Law and its potential implications for the extractive industry will be presented in Part 2.<\/p>\n\n\n\n <\/p>\n\n\n\n Photo source:<\/em> freepik.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" On June 9, 2026, the Verkhovna Rada of Ukraine adopted Law No. 4903-IX \u201cOn Amendments to the Tax Code of Ukraine and Certain Legislative Acts of Ukraine Regarding the Introduction of International Automatic Exchange of Information on Income Earned Through Digital Platforms and the Taxation of Such Income\u201d. At first glance, the title of the […]<\/p>\n","protected":false},"author":1,"featured_media":3061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.avnbmu.com.ua\/en\/wp-json\/wp\/v2\/posts\/5145"}],"collection":[{"href":"https:\/\/www.avnbmu.com.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.avnbmu.com.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.avnbmu.com.ua\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.avnbmu.com.ua\/en\/wp-json\/wp\/v2\/comments?post=5145"}],"version-history":[{"count":1,"href":"https:\/\/www.avnbmu.com.ua\/en\/wp-json\/wp\/v2\/posts\/5145\/revisions"}],"predecessor-version":[{"id":5147,"href":"https:\/\/www.avnbmu.com.ua\/en\/wp-json\/wp\/v2\/posts\/5145\/revisions\/5147"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.avnbmu.com.ua\/en\/wp-json\/wp\/v2\/media\/3061"}],"wp:attachment":[{"href":"https:\/\/www.avnbmu.com.ua\/en\/wp-json\/wp\/v2\/media?parent=5145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.avnbmu.com.ua\/en\/wp-json\/wp\/v2\/categories?post=5145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.avnbmu.com.ua\/en\/wp-json\/wp\/v2\/tags?post=5145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}