Expert Opinion: 4H Agency On Taxation Of Online Casino Income In Ukraine

4H Agency provided official comments to SBC CIS journalists on the recent amendments to the Ukrainian Tax Code with regards to the taxation of online casino.

Dmitry Hotsyn, Senior Consultant at 4H Agency, emphasized important aspects of the situation: «When it comes to online casinos, the amendments proposed by the members of the Parliament, eliminated certain inconsistencies in the wording of several articles in the Tax Code. These inconsistencies in wording could be interpreted quite creatively, which could lead to the conclusion that the operation of an online casino is allegedly not subject to any taxation.

«It is important that no new taxes were introduced. Ukraine has not yet completed a full-scale gambling tax reform.»

About 4H Agency

4H Agency is a specialized consulting boutique focused on business expansion. The company cooperates with a wide range of clients, ranging from startups to major players in the gambling industry. Their mission is to help clients identify the best expansion strategies and implement them successfully. 4H Agency provides customized solutions tailored to the unique needs of each client and helps them succeed in a dynamic and competitive business environment.

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