The Verkhovna Rada passed the law "On Amendments to the Tax Code of Ukraine and Certain Legislative Acts regarding the balance of budget revenues" (№5600), which is also called "resource". 255 people's deputies voted for the relevant decision.
The document introduces a minimum tax liability for a land plot. On average we will have to pay 1,4 thousand hryvnias per hectare of land a year. At the same time, the document reduces from 2 to 0.5 hectares the minimum land area of a farm, which allows to move to a simplified taxation system.
It is also established 18% tax on income derived from the sale of their own agricultural products in excess of 12 times the minimum wage (6500 hryvnia).The law excludes from the single tax payers of the 4th group those taxpayers whose main activity is poultry breeding (except for chickens).
In addition, the tax on income received from the sale of the second object of real estate within a year is introduced - the size of the rate of 5%, and the third and next - will be taxed by the rate of 18%. Also the rates of environmental tax, royalties for the use of mineral resources and the rates of excise tax on alcohol and cigarettes are increasing.
Restrictions are placed on the right to travel abroad by the head of a debtor legal entity.
The Ministry of Finance expects that the introduction of the rules stated in the bill 5600 will bring additional 30 billion hryvnias to the budget.
If the document is signed by the President of Ukraine within the prescribed timeframe, the amendments will take effect on 1 January 2022.
