Taxpayers of Ternopil region transferred 20 million 384.9 thousand UAH of the real estate tax other than land to local budgets during the 1st quarter of 2020. This is 46.6% higher than expected. Therefore, in addition, the territorial communities received 6 million 478.5 thousand UAH of this payment. Revenues growth of the real estate tax amounted 3 million 192 thousand UAH or +18.6% comparing to January-March 2019.
Bigger part of the specified amount of this property tax was transferred to the budget by legal entities that independently declare and pay the real estate tax. Share of the paid payment by legal entities exceeds 85% and it is 17 million 338.2 thousand UAH. Revenues of the real estate tax from legal entities increased by 2.721.9 thousand UAH or 18.1% comparing to the same period in 2019.
Individuals transferred 2 million 646.7 thousand UAH of this property tax during the 1st quarter of 2020. Revenues growth amounted 470.6 thousand UAH or 21.6%.
Citizens who own real estate will be charged with the amount of tax within the time limits prescribed by the law.
It should be reminded that controlling bodies in 2020 will charge taxpayers with the real estate tax other than land for the 2019 tax (reporting) year. This tax liability is paid by individuals within 60 days from the date of delivery of the tax notification-decision. Therefore, the requirements for tax exemption provided by the Law № 533, taking into account changes introduced by the Law № 540, will be taken into account by tax authorities charging individuals - taxpayers for non-residential real estate in 2021 for 2020 tax (reporting) year.