Local budgets of Trans-Carpathian region received more than 2 million UAH of transport tax from owners of luxury cars during January – October 2020. In particular, local budgets of Trans-Carpathian received 300 thousand of the transport tax in October 2020.
It should be noted that the majority of specified amount of the transport tax, namely 1.5 million UAH was transferred by business entities – legal entities. Individuals transferred 0.6 million UAH of this tax to the budget during 10 months of 2020.
Tax specialists recall that Article 267 of the Tax Code of Ukraine stipulates that the transport tax object is a car with year of issue of which is not more than 5 years (inclusively) and the average market cost of which is more than 375 times the minimum wages established by the law as of the 1st of January of tax (reporting) year. Payers of this tax are the owners of such cars.
All cars (basic models) that are the transport tax subject are included in the List posted on website of the Ministry for Economic Development at the link: http://www.me.gov.ua/Vehicles/CalculatePrice?lang=uk-UA.
Therefore, if the List contains a car with parameters that correspond to the basic model of a car (including rounding), the car is the transport tax subject.
If there is no such basic model of a car in the List, it is not necessary to pay the transport tax. In this case, it is considered that its average market cost has become less than 375 times the minimum wage established by the law as of the 1st of January of tax (reporting) year.