State Tax Service of Ukraine informs that in connection with entry into force of the Law of Ukraine № 3603-IX as of 23.02.2024 "On amendments to the Tax Code of Ukraine and other laws of Ukraine on improving online communication with taxpayers and clarification of certain legislative provisions", which made changes to Sub-paragraph 69.32 of Sub-section 10 Section XX "Transitional provisions" of the Tax Code of Ukraine, there is established deadline (01.08.2024) for submission of notifications by non-bank payment service providers/e-money issuers about opening accounts/e-wallets that were not closed on the day of collection, entered into force by the Law of Ukraine "On amendments to the Tax Code of Ukraine and other legislative acts of Ukraine regarding payment services" (01.04.2023).
Therefore, non-bank providers of payment services/e-money issuers who opened accounts/e-wallets for taxpayers defined by Paragraph 69.1 Article 69 of the Code before 01.04.2023, in a period by 01.08.2024 must notify controlling bodies about accounts/electronic wallets opened by 01.04.2023 and not closed on that date in manner and in form established by Procedure for submitting notifications on opening/closing accounts/electronic wallets of taxpayers in banks, other financial institutions, non-bank providers of payment services/e-money issuers to regulatory bodies, approved by Order of the Ministry of Finance of Ukraine № 721 as of 18.08.2015.
At their own request, non-bank payment service providers/e-money issuers may notify the controlling bodies about opening of the specified accounts/e-wallets before the set deadline (01.08.2024) at any convenient time.
After 01.08.2024, expenditure transactions on account/e-wallet opened before 01.04.2023 are allowed on the condition of receiving notification from the controlling body about taking account/e-wallet on registration. In case of failure to submit the specified notification by 01.08.2024, it will be considered that the non-bank payment service provider/e-money issuer has started expenditure transactions on account/e-wallet before receiving notification from the controlling body about taking account/e-wallet on registration.