Deadlines for submitting property and income tax declaration

Tax Code of Ukraine (hereinafter – Code) provides that property and income tax declaration (hereinafter – tax declaration) must be submitted by:

individuals-entrepreneurs (except for individuals who chose the simplified taxation system) and individuals involved in independent professional activity – until May 1 of year following the reporting year;

citizens who have an obligation to submit tax declaration – by May 1 of year following the reporting year;

Attention! If the last day of a deadline for submitting tax declaration falls on a weekend or holiday, then the last day of a deadline is considered to be the operating (banking) day that follows the weekend or holiday (Paragraph 49.20 Article 49 of the Code).

Important! Provided that the taxpayer does not have supporting documents regarding received amount of income from foreign sources and amount of tax paid by such taxpayer in a foreign jurisdiction, issued according to Article 13 of the Code, then according to Sub-paragraph 170.11.2 Paragraph 170.11 Article 170 of the Code, such payer is obliged to submit application to the controlling body at personal tax address for the postponement of a deadline for submitting tax declaration until December 31 of year following the reporting year.

individuals-entrepreneurs (except for individuals who chose the simplified taxation system), in case of termination of entrepreneurial activity – within 20 calendar days of month following the calendar month in which state registration of the termination of entrepreneurial activity of individual-entrepreneur was carried out by own decision.

Important! In case of state registration of the termination of entrepreneurial activity of individual-entrepreneur by own decision, the last basic tax (reporting) period is a period from the day following the end of previous basic tax (reporting) period to the last day of the calendar month in which state registration of the termination of entrepreneurial activity was carried out;

residents who leave abroad for permanent residence – not later than 60 calendar days preceding departure.

individuals who are entitled to the tax discount – until December 31 (inclusively) of the following tax year.