Taxpayers of Vinnytsia region transferred 367 million 662.4 thousand UAH of military levy to the state budget for Ukrainian army during January – August 2020. This was reported by acting Head of the Main Directorate of the STS in Vinnytsia region Oleh Martyniuk.
Herewith, tax official emphasized that besides the expected figure – revenues have amounted 8 million 362.4 thousand UAH. At the same time, funds paid for the development and modernization of Ukrainian army are 4.3% or 15 million 49.1 thousand UAH more than amount of military levy transferred during January – August 2019.
Reminder! According to the current legislation, payers of military levy are resident individuals who receive income both in Ukraine and abroad, non-resident individuals who receive income in Ukraine, as well as tax agents.
As for the military levy’s taxation objects – their list is determined by Article 163 of the Tax Code of Ukraine. In addition to wages it includes other incentive and compensation payments or other payments and remuneration accrued or paid to the payer in connection with employment relationship and under civil law contracts, among others. Particularly it is rent, winnings in the state or non-state money lottery, purchase and sale of movable and immovable property, payment of dividends, re-registration of inheritance, etc. The military levy’s rate is 1.5% of the taxation object.
