Local budgets received 67.2 million UAH of transport tax from individuals

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

Such cost is determined by the central body of executive power, which ensures formation and implementation of 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 tax (reporting) year, based on the brand, model, manufacture year, volume of engine cylinders and type of fuel.

Ministry of Economy publishes on its official list of passenger cars that are not more than five years old (inclusively) every year by February 1 of tax (reporting) year and whose average market cost is more than 375 times minimum salary established by the law on January 1 of tax (reporting) year (hereinafter – List of taxable objects), which must contain the following data regarding these cars: model, model, manufacture year, volume of engine cylinders and 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 396 models of passenger cars that are subject to transport tax in the current tax (reporting) period – 2024.

State Tax Service has provided transport tax revenues from individuals to local budgets in the amount of 67.2 million UAH as of July 8, 2024.