Normative – legal base. New property and income declaration form

From 01.01.2023 entered into force new property and income declaration form (hereinafter – tax declaration), approved by Order of the Ministry of Finance of Ukraine № 859 as of 02.10.2015 (in the editorial of Order of the Ministry of Finance of Ukraine № 143 as of 17.05.2022, registered in the Ministry of Justice of Ukraine on 03.06.2022 under № 593/37929 (taking into account changes made by Order of the Ministry of Finance of Ukraine № 160 as of 09.06.2022)). 

Therefore, according to results of 2022, taxpayers-individuals submit tax declaration according to the form approved by Order of the Ministry of Finance of Ukraine № 859 as of 02.10.2015 (in the editorial of Order of the Ministry of Finance of Ukraine № 143 as of 17.05.2022, registered in the Ministry of Justice of Ukraine on 03.06.2022 under № 593/37929 (taking into account changes introduced by Order of the Ministry of Finance of Ukraine № 160 as of 09.06.2022)), which provides for the presence of new annexes to the Declaration, namely:

F4 – calculation of tax liabilities from the personal income tax and military levy, taxable income from the sale during the reporting (tax) year of immovable and/or movable property object(s);

Minimum tax liability is a calculation of the total minimum tax liability for the tax (reporting) year calculated by individuals-entrepreneurs (except for individuals who chose the simplified taxation system), namely owners, tenants and users under other conditions (including emphytheusis conditions) of land plots, classified as an agricultural land.