The Verkhovna Rada of Ukraine registered a draft law to amend subsection 2 of section XX "Transitional Provisions" of the Tax Code of Ukraine (regarding exemption from VAT the supply of equipment for airports in cities hosting the championship). The bill № 8278 from 22.03.2011 passed to the committee deputies from the Party of Regions, Alexander Zatsom and Andrei Pinchuk. In particular, it is proposed to 1 September 2012 to exempt from taxation on the value-added operations to supply and importation into the customs territory of Ukraine of equipment necessary for equipping and operation of airports in cities participants in the Euro-2012. Expediency VAT exemption by the fact that the said equipment will be used exclusively for the needs of the airport, and will be used only in its territory. The practice of exemptions from VAT when purchasing equipment for the airport is a very common and is used in all European countries, because the airports are duty-free zones.
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