Regarding the transport tax taxation

Sub-paragraph 267.2.1 of Paragraph 267.2 Article 267 of the Tax Code of Ukraine stipulates that transport tax taxation object is passenger cars year of production of which is not more than five years (inclusively) and average market cost of which is more than 375 times the minimum salary established by the law for 1 January of the tax (reporting) year.

Such cost is determined by the central body of executive power, which ensures formation and implementation of the state policy of economic, social development and trade (hereinafter – Ministry of Economy), according to methodology approved by the Cabinet of Ministers of Ukraine, as of January 1 of the tax (reporting) year based on brand, model, year of production, volume of engine cylinders, type of fuel.

Every year, by February 1 of the tax (reporting) year, the Ministry of Economy publishes on its official website list of passenger cars that are not more than five years old (inclusively) and whose average market cost is more than 375 times the minimum salary established by the law on January 1 of the tax (reporting) year (hereinafter – List of taxable objects), which must contain the following data regarding these cars: brand, model, year of production, volume of engine cylinders, type of fuel.

List of taxation objects for the current tax (reporting) year is posted on website of the Ministry of Economy (www.me.gov.ua), which includes 358 models of passenger cars that are subject to transport tax in the current tax (reporting) period 2023.

State Tax Service has provided transport tax revenues from individuals to local budgets in the amount of 83.9 million UAH as of December 25, 2023.