Challenges for business in Ukraine: Philip Morris company hit by Russian shelling once again
Philip Morris Ukraine, one of the largest tobacco manufacturers, has once again found itself in the spotlight due to the consequences of the war. Since the beginning of Russia's full-scale invasion of Ukraine, the company's warehouse and production facilities have suffered direct hits from enemy missiles for the fifth time.
The latest incident resulted in the destruction of a large quantity of commercial products. Despite the fact that the goods were effectively lost due to the shelling, Ukrainian legislation requires the company to pay excise tax on the destroyed products again. This creates serious financial difficulties for a business attempting to continue operations under martial law.
This situation highlights the complexity of conducting business in Ukraine during wartime. Companies that remain in the country and support the economy often face not only the physical destruction of assets but also bureaucratic obstacles that require legislative resolution.
Currently, business representatives are in dialogue with government agencies to resolve this issue. The question of taxing property destroyed during the war remains critical for many Ukrainian enterprises that are trying to adapt to new realities and continue their activities despite constant threats.