The Law of Ukraine dd. December 28, 2014, No.71-VIII, On Changes to the Tax Code of Ukraine and Some Enactments concerning the fiscal reform (hereinafter – Law 71), which came into force on January 1, 2015, empowers imposition of the vehicle tax, the press-office of the National Fiscal Service reports.
The tax is to be paid by natural and legal persons, including non-residents, obliged to register their own passenger cars in Ukraine, following the requirements set out in the current legislation.
Passenger cars used within 5 years, with cylinder capacity of above 3000 cubicle centimetres, are taxable.
The tax rate for a calendar year is 25000 hryvnias charged on each taxable passenger car, with the basic accounting period equalling one calendar year.
The taxpayers, legal persons here, shall independently calculate taxes effective as of January 1 of the accounting year, and submit their tax returns until February 20 to the units of the Tax Inspectorate located in the place of their registration, with a breakdown of the annual amount in equal parts per quarter. The taxes are to be paid in advance, by instalments, per quarter, until the 30th day of the month ending the previous accounting quarter, what is to be reflected on the tax returns.
