STS will daily publish Question of the Day regarding the one-time voluntary declaration

State Tax Service of Ukraine will publish a daily answer to question regarding the one-time voluntary declaration, with which taxpayers most often addressed the STS during a day.

This will allow the taxpayers to quickly and conveniently obtain necessary information and eliminate the need for direct contact with tax officials.

Today you the most often asked “What is the one-time (special) voluntary declaration”?

We answer: One-time (special) voluntary declaration is a special procedure for voluntary individual’s declaration of his / her assets located on the territory of Ukraine and / or abroad, if such assets were received (acquired) by such individual at the expense of income subject to taxation in Ukraine at the time of their accrual (receipt) and from which taxes and fees were not paid or not in full amount according to legislative requirements on taxation and / or international agreements, the binding nature of which has been approved by the Verkhovna Rada of Ukraine, and / or which weren’t declared in violation of tax and currency legislation, compliance with which is entrusted to the supervisory authorities, during any of the tax periods that occurred before January 1, 2021.

One-time (special) voluntary declaration can be used by individuals – residents, including self-employed individuals, as well as individuals who are not residents of Ukraine, but who were residents at the time of receipt (acquisition) of declaration objects or at the time of accrual (receipt) of income from which the declaration objects were received (acquired) and who are or were the taxpayers.

One-time (special) voluntary declaration is ongoing from September 1, 2021 to September 1, 2022 and provides for a tax payment for the one-time (special) voluntary declaration.

Tax for the one-time (special) voluntary declaration is a one-time mandatory payment, amount of which is calculated by declarant from the value of his / her assets, taking into account such tax rates and reflected by him / her in the one-time (special) voluntary declaration.

Communicate with the State Tax Service remotely using the “InfoTAX” service