The Verkhovna Rada has been proposed to introduce a fee to the Pension Fund on the sale of foreign currency at 15% of the transaction amount.

A respective bill (No. 11433) was registered in parliament on November 16: The author of respective legislative changes is the head of the parliamentary committee on finance, banking, tax and customs policy, Vitaliy Khomutynnik.

"It is planned to establish that individuals, while conducting operations on the sale of foreign currency for cash hryvnia, should pay a fee to the Pension Fund of Ukraine at 15% of the transaction amount," reads the explanatory note to the bill.

At the same time, the document envisages a number of exceptions.

In particular, the fee does not apply to transactions by individuals on the sale of foreign currency transferred from abroad in an amount not exceeding the equivalent of UAH 150,000 per month.

It does not also apply to operations on the sale of foreign currency withdrawn by individuals from deposit accounts that were opened at least 30 days before the withdrawal of funds.

In addition, the 15% tax will not concern transactions on the sale of foreign currency received during the payment of coupon income and from the sale or redemption of treasury bills and government bonds denominated in foreign currency.

According to the bill, individuals will be exempted from the payment of the fee only if they sell a respective amount in foreign currency for cash hryvnia at the moment of receipt.