How can the declarant calculate a basis for calculation of levy for the one-time (special) voluntary declaration of currency values?

According to Sub-paragraph “a” Paragraph 4 Sub-section 9 Copy 4 Section XX “Transitional Provisions” of the Tax Code of Ukraine as of 02.12.2010 № 2755-VI with changes and amendments (hereinafter – the TCU), the objects of one-time (special) voluntary declaration (hereinafter – the declaration objects) may be assets of an individual owned by the declarant (including joint partial or joint common ownership right) and are (registered, in circulation, registered, etc.) on the territory of Ukraine and / or abroad as of the date of submission of the one-time (special) voluntary declaration, including currency values (bank metals, except for those not placed on accounts, national currency (UAH) and foreign currency, except for cash, and monetary claims) (including deposit), funds borrowed from third parties under the loan agreement), drawn up in a writing form with legal entity or notarized in the case of declarant’s claim right towards another individual (as is defined in Sub-paragraph 14.1.280 and 14.1.281 Paragraph 14.1 Article 14 of the TCU).

Paragraph 7 Sub-section 9 Copy 4 Section XX “Transitional Provisions” of the TCU determines a basis for accrual of levy for the one-time (special) voluntary declaration based on specific declaration objects.

According to Paragraph 7.1 Sub-section 9 Copy 4 Section XX “Transitional Provisions” of the TCU, for the declaration objects defined in Sub-paragraph “a” Paragraph 4 Sub-section 9 Copy 4 Section XX “Transitional Provisions” of the TCU, the basis for calculating levy for the one-time (special) voluntary declaration is monetary value of the relevant declaration object or the nominal value of monetary claim, including loans to third parties.

If such monetary value is determined in foreign currency, the value of such currency values is indicated in UAH at the official exchange rate of national currency to the relevant type of currency values determined by the National Bank of Ukraine (hereinafter – the NBU) as of the date of submission one-time (special) voluntary declaration. If such monetary value is determined in the form of bank metals, the value of bank metals is indicated basing on the weight and accounting price of bank metals calculated by the NBU as of the date of declarant’s submission of the one-time (special) voluntary declaration.

The declarant is obliged to document monetary value of such objects for the calculation of levy for the one-time (special) voluntary declaration by attaching certified copies of documents confirming the value of declaration objects to the one-time (special) voluntary declaration.