Main Directorate of the STS in Donetsk region ensured 102.2 million UAH of the real estate tax other than land (so-called the real estate tax) to the local budgets in 2019 – this is 18 million UAH more than in the corresponding period of 2018.
It should be reminded that payers of this tax are all owners of private and commercial real estate, regardless resident or not. If one entity is jointly co-owned by several individuals the tax is accrued for each individual as a percentage of his/her share (in other words - by square meters). Taxation is applicable to all apartments over 60 sq.m, private houses - over 120 sq.m and if the one owns both - 180 sq.m. However, the tax is paid only for the area that exceeds the beneficial one.
Tax rates and benefits are set by the local self-governments.
Main Directorate of the STS in Donetsk region reminds that this year the real estate tax will be paid on properties owned in 2019, the tax rate does not exceed 1.5% of the minimum wage established by law as of the 1st of January 2019 per 1 sq.m of taxation base or 62.60 UAH per sq. m (4173 x 1.5%).