Order of the Ministry of Finance of Ukraine as of 09.06.2021 № 332, registered at the Ministry of Justice of Ukraine on 06.08.2021 under № 1038/36660 (hereinafter – Order № 332), approved form of the Tax declaration on corporate income tax under the product distribution agreement (hereinafter – declaration).
Order № 332 was developed to ensure possibility of compiling and submitting reports of investors (operators) on corporate income tax according to results of activities under the product distribution agreement and ensuring compliance with provisions of Article 336 of Section XVIII “Taxation peculiarities of taxpayers under the terms of product distribution agreement” and Section III “Corporate income tax” of the Tax Code of Ukraine (hereinafter – Code).
Declaration is submitted by the investor (operator) quarterly for each reporting (tax) period – quarter.
Application of the tax reporting rule and calculation of taxation object of the corporate income tax is not provided for in the cumulative result.
Obligation to submit annual tax declaration and pay advance payments from income tax to the investor (operator) under product distribution agreement is not applicable.
Deadline for submitting declaration for the first quarter, second quarter, third quarter, fourth quarter is 40 calendar days following the last calendar day of the reporting (tax) period – quarter.
Declaration is submitted for the first time in the IV quarter of 2021.
Investor (operator) under the product distribution agreement is released from obligation to submit financial reporting with the corporate income tax declaration.
Corporate income tax for the reporting period is paid by investor (operator) to the relevant budget within a period specified for the quarterly tax period.
Declaration is submitted to the controlling body at the registration place of production distribution agreement, ie at the main registration place of such agreement.
In order to correctly reflect indicators of business entities in the Integrated payer’s card, declared in the declaration under product distribution agreement, it is needed to put tax number of product distribution agreement under which it is registered (not the investor (operator)) in line 6 “Tax number of investor (operator) under the product distribution agreement” of the general part of declaration form in the relevant fields.
More detailed information on the procedure for filling in declaration is given in the Newsletter of the State Tax Service dated 17.11.2021 № 25530/7 / 99-00-21-02-01-07, which is posted on the official web portal of the STS at the link: https://tax.gov.ua/zakonodavstvo/podatki-ta-zbori/zagalnoderjavni-podatki/podatok-na-pributok-pidpri/listi/2021-rik/.