Main Directorate of the STS in Ivano-Frankivsk region reported that local budgets received 510.9 UAH of the land payment during January – October 2020. Of this amount, 440.9 million UAH was transferred to local treasuries by owners and tenants of land plots – legal entities and 70 million UAH was transferred by entrepreneurs – individuals and individuals.
Reminder! Land payment includes two types of mandatory payments – land tax and rent. Land tax is paid by landowners and land users, rent – by tenants of land plots, individuals and legal entities.
Land owners and land users pay a fee for land from the date of ownership or right to use the land. In case of termination of the ownership right or right to use the land plot, the land fee is paid for actual stay of land in the ownership or use in current year.
Legal entities – payers of land fees independently calculate amount of tax annually and submit tax declaration to tax authorities at the location of land plots not later than February 20 of this year. Submission of such declaration exempts from the obligation to submit monthly declarations.
Accrual of land tax amounts to individuals is carried out by tax authorities at the location of land plot by July 1. Tax must be paid within 60 days from the date of delivery of tax notification-decision.