The National Fiscal Service informs
The income taxpayers registered in Ukraine that have their branches in Crimea free trade zone and decided to pay the consolidated income tax, should do it in a consolidated way at their location and place of registration of their Ukrainian branches, the Main Inspectorate of the National Fiscal Service in Lviv oblast reports.
When computing the rates indicated in the consolidated income tax returns, the income and expenses of separate branches located in Free Trade Zone Crimea, during the period of temporary occupation are not to be included
The said legislative norm is set out in par. 12.3 of the Law of Ukraine dd.12.08.14 No.1636-VII On Free Traded Zone Crimea and specificity of businesses in the temporary occupied territory of Ukraine.
The resolution on Crimea Free Trade Zone will expire over ten full calendar years, starting from the date the law came into force - that is September 27, 2014.
