Deadline for submitting the one-time (special) voluntary declarations has been extended until March 1, 2023Chapter: Notifications

Law of Ukraine № 2516-IX as of 15.08.2022 "On amendments to the Tax Code of Ukraine and other laws of Ukraine regarding exemption from taxation of charitable assistance paid to family members of wounded and dead combatants while participating in repelling armed aggression and providing of the national security of Ukraine" extended deadline for submitting the one-time (special) voluntary declarations until March 1, 2023.

Assets placed on the territory of Ukraine and/or outside its borders are subject to declaration, if such assets of an individual were received (acquired) by such an individual at the expense of income that was subject to taxation in Ukraine at the time of their accrual (receipt) and from which they were not paid or incompletely paid taxes and levies according to legislative requirements on taxation and/or international treaties binding consent of which has been given by the Verkhovna Rada of Ukraine, and/or which have not been declared in violation of tax and currency legislation, control of compliance of which is entrusted to the controlling bodies, during any of tax periods that took place before January 1, 2021.

Citizens are urged to take advantage of an opportunity to legalize their own assets at reduced rates.

One-time levy paid as a part of tax amnesty goes to the State budget, which finances defense capability of our country.