The HO of the National Fiscal Service in Kyiv city informs that starting January 17, 2015, law of Ukraine dd. 25.12.2014, No.63-VIII, specifying changes to the tax code of Ukraine in regard to tax treatment of corporate income tax- and VAT obligations in case of tax compromise, imposes a new vehicle tax, the press-office of the NFS reports.
The vehicle tax is to be paid by natural and legal persons, including non-residents – the owners of taxable passenger cars registered in Ukraine in line with the current legislation.
Only cars used less than five years, with engine size of above 3000cc, will be taxed.
The tax rate is to be paid once a calendar year, in the amount of 25 thousand hryvnias per passenger car subject to taxation, with the basic fiscal year equalling a calendar year.
Legal persons should independently calculate tax amounts as of January 1 of the fiscal year, and file their tax returns, with a breakdown of annual tax deductions per quarter, to the tax authorities at the place of registration of a taxable unit, and do it up to February 20 this year. Legal persons are to quarterly pay taxes by instalments, up to the 30th day of the month after the end of the fiscal quarter, with making relevant entries in the tax returns.
