From the beginning of 2020, citizens of Dnipropetrovsk region and individuals involved in independent professional activity submitted 12810 property and income tax declarations for 2019. This was reported by Head of Individual’s taxes and fees department of the Main Department of the State Tax Service in Dnipropetrovsk region Viktoriia Kalinohorska.
Total amount of income indicated in declarations is 1 billion 755.5 million UAH; accrued and payable to budgets the personal income tax is 63.3 million UAH and 8.1 million UAH of the military levy.
Revenues in the amount of more than 1 million UAH were declared by 151 residents of Dnipropetrovsk region. Amount of income declared by them amounted 1 billion 15.7 million UAH. Amount of payable personal income tax is 29.4 million UAH and 2.9 million UAH of the military levy.
The main declarants are citizens who have declared the following types of income:
- 246.1 million UAH of income received from the inheritance / gifts (1183 citizens);
- 179.2 million UAH of income from the sale (exchange) of movable and immovable property (373 citizens);
- 39.3 million UAH of foreign income (57 citizens).
Herewith, 2144 residents of Dnipropetrovsk region submitted the declaration in order to use the right to obtain a tax rebate; the amount of reimbursed budgetary personal income tax is 5.6 million UAH.
Please note that the Law of Ukraine as of 17.03.2020 № 533-IX “On Amendments to the Tax Code of Ukraine and other laws of Ukraine on support taxpayers for the duration of measures aimed to prevent the occurrence and spread of coronavirus disease (COVID-19)” came into force on the 18.03.2020, Subsection 10 of Section XX “Transitional Provisions” of the Tax Code of Ukraine (hereinafter – the TCU) was amended with a new Paragraph 523 which determined that the annual property and income tax declaration for 2019, defined by Article 179 of the TCU should be submitted before July 1, 2020 excepting cases prescribed in Section IV of the TCU, when such declaration may be submitted later than this period.