Ukraine’s National Commission on Securities and Stock Market (NSSMC) presented a matrix setting out options for taxing virtual assets to a working group of the Verkhovna Rada Committee on Finance, Tax and Customs Policy, according to a statement by NSSMC Chairman Ruslan Magomedov on Telegram. The presentation is intended to support development of Ukraine’s legislative framework for regulating the virtual asset market, alongside work underway on draft law No. 10225. The matrix, drawing on other countries’ approaches, sets out possible models across three areas: personal income tax, corporate income tax and value added tax. Magomedov indicated it is designed to help the working group assess risks and determine a national taxation model for the virtual asset market.