Relevant decision adopted by Kyiv City Council
Decision of the Kyiv City Council of 02.10.2013, № 42/9630 «On the determination of the minimum monthly rental cost per square meter of total area of property Individuals» established minimum monthly rental cost of one square meter in the amount of 7.53 UAH, Central Administration of Revenues Ministry in Kyiv informs.
Also, this document establishes additional factors applied in determining the minimum monthly rental cost of one square meter of the total area of individuals' real estate.
Thus, from 1 January 2014 for determining taxable income from the lease of real property tax on personal income will apply the minimum cost of rent of property established by this decision of the Kyiv City Council.
