1. European integration law

(№584 - VII   " About  Customs Tariff of Ukraine ". The  law provides for a reduction of rates of import tax on certain products           (crustaceans, molluscs and other aquatic invertebrates ) - from 20 to 15 %, cooked or canned fruit, nuts and other eatable  parts of plants, without addition of alcohol and sugar - from 15 to 10 %, motor vehicles equipped for temporary accommodation of people - from 6 to 5 % , new passenger cars with a cylinder capacity of more than 3 thousand cubic sm - from 6 to 5 %, boats, motor boats and sea boats - from 8 to 7.5%.

2. Law № 443 - VII "About Amendments to the Tax Code of Ukraine regarding the registration of persons as taxpayers."

The law provides now the possibility of applying for voluntary registration (obligationary its from 300.000 UAH profit p.a.) for

-the payer of value added tax

OR

-the payer of a simplified tax system (f.e.freelancers)

to the state registrar as an annex to the registration card (which is supplied for the state registration of the legal entity or natural person – entrepreneur).

Informations about registration will be sent by state registrar automatically to other authorities like f.e.tax-authority or pension funds (one-step-government).

3 . Law about approvaling of the Ombudsman for protection of personal data (№ 383 - VII).

Under the law, the Ukrainian Parliament Commissioner for Human Rights has in particular the following rights:

To make scheduled and unscheduled checks of owners and / or managers of the personal data;

to give instructions (advices) to the owner and / or managers of personal data to protect from violations of legislation of personal data protection.

The Code of Administrative Offences determined that protocols about violations of legislation of the protection of personal data must be done by representatives of the Secretariat of the Ukrainian Parliament Commissioner for Human Rights (instead of the State Service for the protection of personal data) and transfer after to the court .

4 . On the 1^st of January 2014 entered into force new rules for the taxation of real estate.

Details:

If a taxpayer – individual has MORE than one object of taxation, including the different types (apartments, houses or apartments and houses, including partial ownership), the tax base is calculated on the total living space of such objects.

Reviewed size of property for receiving benefits.

Thus, the total living space before paying tax is reduced:

for apartments / flats regardless of their quantity by - 120 m2; 

or houses / buildings, regardless of their quantity  - 250 m2.

For owners of different types of real estate the total living space before paying tax is reduced by 370 m2 .

The tax rates for individuals are set at the following rates:

-per cent is calculated p.a. of ONE monthly minimum wage – example below tariff!

a)  1 per cent - for a flat / apartment, if area does not exceed 240 square meters, for houses, if area not exceeding 500 square meters;

b) 2.7 per cent - for apartments / flats, if area exceeding 240 square meters,

for houses, if area exceeding 500 square meters;

c) 1 per cent - for different types of properties, if the total living area not exceeds 740 square meters;

d) 2.7 per cent - for different types of properties, if the total living area exceeds 740 square meters.

Example:

One person owns an apartment with 200 sq.m.

For 2014 calculation will be done with the following parameters:

Minimum wage per 01.01.2014 is 1.218 UAH monthly.

200 sq.m.-120 sq.m.benefit:

80 sq.m. x (1% of 1.218 UAH)

Result: 974,40 UAH real estate tax for 2014!

However, the existing rules for receiving benefits are NOT ALLOWED to be used for objects, which are rented, leased, used for business.

Calculation and payment is obligation of the taxpayer and has to be done till 30.06.of each calendar year.

However, tax administrations are ordered to assist in questions regarding the calculation of payment.