Сar sales: how much tax will have to be paid?

Press service of the State Tax Service of Ukraine, published 17 April 2025 at 15:06 Chapter: News

Citizens who decide to sell their car must pay taxes. Tax rates depend on the type of car and number of operations during a year.

In case of sale of the passenger car, motorcycle or moped – income is determined based on price specified in the purchase and sale agreement (minimum), but not lower (at the payer’s choice):

- average market cost of the relevant car

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- market cost determined according to the law.

If individual decides to sell:

passenger car, motorcycle and/or moped by the personal income tax rate for:

- the first sale of year – not taxable;

- second sale – 5%;

- third and more – 18%.

bus, truck, trailer, tractor, special equipment and other movable property:

- first and second sales – 5%;

- third and more – 18%.

Income from such operations is also subject to the military levy. Military levy rate is 5% from December 1, 2024.

Please note: if individual sold movable property and no tax or military levy was paid on this income, he or she is obliged to:

- until May 1 of year following the reporting year, submit of property and income declaration and determine relevant tax liabilities,

- pay certain tax obligations until August 1.

For reference: taxation of the sale or exchange of movable property is determined by Article 173 of the Tax Code of Ukraine.