After imposition of the tax at the beginning of the year, the government’s revenue that comes from military tax amounted to over 2.5 billion hryvnias. In particular, total deductions to the army funds in December last year reached 649.4 million hryvnias, according to the National Fiscal Service of Ukraine.
Significantly, pursuant to Law of Ukraine dated December 28, 2014, No.71-VІІІ, On Changes to the Tax Code of Ukraine and Some Enactments (as regards the tax reform), the military tax is still charged, so the validity of the said amendment will be extended until the resolution of the Verkhovna Rada of Ukraine declaring the completion of the Armed Forces Reform will come into effect.
The military tax introduced on August 3, 2014, is levied at the rate of 1.5 percent on a taxable object. The meaning of “taxpayer” is applied to natural persons – residents and non-residents obtaining income in Ukraine. Moreover, persons liable to deduct (calculate) and pay (transfer) the military tax to the government coffer are regarded to be employers paying salary to be taxed, as well as tax agents — in relation to taxable income received from other sources in Ukraine.
