Can an individual who owns assets located outside the territory of Ukraine provide documents mandatory for submission of the one-time (special) voluntary declaration the next day after submitting such declaration?

Paragraph 6 Sub-section 9⁴ Section XX "Transitional Provisions" of the Tax Code of Ukraine (hereinafter –Code) stipulates that the declarant who intends to use the one-time (special) voluntary declaration regarding the individual’s assets belonging to him / her during a period defined by Sub-section 9⁴ Section XX "Transitional Provisions" of the Code for (special) voluntary declaration has a right to voluntarily submit the one-time (special) voluntary declaration to the central executive body that implements state tax policy in manner and in form established by the central executive body that ensures formation and implementation of state financial policy.

List of objects of the one-time (special) voluntary declaration is determined by Paragraph 4 Sub-section 9⁴ Section XX "Transitional Provisions" of the Code.

At the same time, determination of the basis for charging levy for the one-time (special) voluntary declaration is provided for in Paragraph 7 Sub-section 9⁴ Section XX "Transitional Provisions" of the Code.

Herewith, for declaration objects, defined by Sub-paragraph "a" Paragraph 4 Sub-section 9⁴ Section XX "Transitional Provisions" of the Code, the declarant is obliged to document monetary value of such objects for charging levy for the one-time (special) voluntary declaration by attaching duly certified copies to the one-time (special) voluntary declaration confirming value of declaration objects (Sub-paragraph 7.1 Paragraph 7 Sub-section 9⁴ Section XX "Transitional provisions" of the Code).

In addition, for declaration objects, defined in Sub-paragraphs "b" - "e" Paragraph 4 Sub-section 9⁴ Section XX "Transitional Provisions" of the Code, the declarant is obliged to document value of declaration objects by attaching to the one-time (special) voluntary declaration duly certified copies of documents confirming value of such objects, if such objects are located (registered) outside of the Ukraine (Sub-paragraph 7.2 Paragraph 7 Sub-section 9⁴ Section XX "Transitional provisions" of the Code).

As follows, an individual who owns assets located outside the territory of Ukraine and has expressed a desire to submit the one-time (special) voluntary declaration is required to add mandatory documents simultaneously with submission of the one-time (special) voluntary declaration.