As of the 1st of June 2020, the number of 5794 land tax declarations for the total amount of 110.3 million UAH was submitted by individuals-entrepreneurs. Of these, 1298 are land tax declarations totaling 13.1 million UAH and 4496 land are rent declarations totaling 97.1 million UAH.
Main Directorate of the STS in Odessa region recalls that the procedure for calculating the land tax is determined by Article 286 of the Tax Code of Ukraine (hereinafter – the TCU).
As follows, the land tax payers (excepting individuals) independently calculate the amount of land tax annually as of the 1st of January and not later than the 20th of February of current year and submit to the relevant controlling body at the location of the land tax declaration for current year in the manner prescribed by Article 46 of the TCU, with a breakdown of the annual amount in equal installments by month. Submission of such declaration exempts from the obligation to submit monthly declarations.
Submitting the first declaration (actual start of activity as the land tax payer), an extract from the technical documentation on the normative monetary valuation of the land plot shall be submitted with it; further such extract shall be submitted in case of approval of the new normative monetary valuation of the land.
The basis for calculating the land tax is the state land cadastre data.
For newly allotted land plots or under newly concluded land lease agreements, the land tax payer shall submit a tax declaration within 20 calendar days of the month following the reporting month.
If there is a change in the object and / or tax base during the year, the land tax payer shall submit a tax declaration within 20 calendar days of the month following the month when such changes occurred.