March 2026 Digest (for the website)

March ushers in the spring season - a period of renewal, market activity, and new business initiatives. We have compiled key news and events that will shape the working rhythm of the month and influence the business environment throughout 2026.

1. Ukraine plans new changes in tax legislation

The Cabinet of Ministers of Ukraine intends to submit a consolidated tax bill to the Verkhovna Rada in March. The draft covers VAT for individual entrepreneurs, parcel taxation, and the military levy.

-VAT threshold for payers will increase from 1 million UAH (previously proposed) to 4 million UAH.

-Digital platform taxation - new rules for online business.

-Cancellation of preferential customs clearance for parcels up to €150.

-Military levy of 5% will remain permanently, even after the end of martial law.

Regarding VAT, Ukraine agreed with the IMF to raise the threshold to 4 million UAH (approx. €85,000), the highest applicable VAT threshold in Europe.

2. The Netherlands introduces a tax on unrealized crypto profits

The parliament approved the Actual Return in Box 3 Act: from January 1, 2028, investors will pay 36% tax on actual investment income, including unrealized crypto gains. In other words, tax is due even without selling assets.

Real estate and startup shares are exempt from mark-to-market taxation. The government cites the need to maintain budget revenues, while the crypto community warns of forced sales and capital flight.

Implication: If a tax audit shows a paper profit in virtual assets, the tax must be paid even without an actual sale. Losses are not compensated by the state.

3. UAE exempts certain sports organizations from corporate tax

The UAE Ministry of Finance issued Resolution No. 1/2026, granting corporate tax exemption to international and non-profit sports organizations, as well as entities developing sport at international or regional levels.

The exemption applies if there is no commercial activity unrelated to sports, and all income must be used exclusively for sports development. Organizations must submit an application to the UAE Federal Tax Authority. The measure strengthens the country’s position as a global sports hub.

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