(Regarding proposals of the President of Ukraine Volodymyr Zelensky)
President of Ukraine, Vladimir Zelensky registered four bills on tax amnesty in Parliament.
The Head of State proposed to enable citizens from July 1, 2021 to 1 July 2022 to submit a so-called disposable voluntary declaration.
Аbout the main thing
Who is the subject?
Citizen of Ukraine.
Individuals who have been citizenship in 2021.
Moving or immovable property, securities, corporate rights and currency values received at the expense of undeclared income.
What should not be declare?
Apartment up to 120 square meters. m.
House up to 240 square meters. m.
Non-residential property up to 60 square meters. m.
FREE privatized land plots.
The cars that are in the registry (must be intended for 10 people, have an engine volume less than 3 thousand cubic meters. Meters and cost an average of less than 375 minimum salaries).
Assets worth no more than 400 thousand UAH.
What tax rates?
2.5% – regarding the nominal value of state bonds of Ukraine with a term of circulation of more than 365 days without the right to repayment acquired by the declarant in 01 January 2021 to 20 June 2022 before the submission of a one-time (special) voluntary declaration.
5% – for currency values and other assets in Ukraine.
9% for currency, cash requirements for non-residents and assets abroad.
To submit a one-time declaration a person will be online (personally) or through a notary.
Pay the tax will be required for 10 days from the date of submission of the declaration.
The source of declared assets will not be checked.