Ukraine Establishes Export VAT Refunds for Soybeans, Rapeseed

Ukraine passed a law to reestablish export value-added tax refunds for shipments of soybeans and rapeseed for “all exporters,” according to a U.S. Department of Agriculture Foreign Agricultural Service report released June 1. Previously, only agricultural producers directly handling oilseed exports were eligible for the 20% VAT refund, which put traders and small agricultural producers in a “disadvantaged position,” the USDA said.