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Published: 02 June 2016
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The full text of this Act on the following link:
http://w1.c1.rada.gov.ua/pls/zweb2/webproc4_1?pf3511=56718
This law provides temporary, until 31 December 2018, to reduce the excise tax on vehicles that were in use, depending on the vehicle type and power of its engine.
BUT reduced rates will not apply to passenger cars, if they are:
- derived from the Russian Federation or imported from the territory of the Russian Federation and / or from the occupied territory of Ukraine;
- produced before 1st January 2010;
- Imported into the customs territory of Ukraine of a person for their own use or for the benefit of other persons (in the purchase and sale contracts, exchange, delivery, gift, commission, commissions, guarantees, other economic and civil contracts) or by the court in the amount of more than 1 car during the calendar year.
In case of alienation within 365 days from the date of registration of the vehicle, the taxpayer will be obliged to pay the excise tax for such vehicle at rates established by Article 215 of the Tax Code.
The law will come into force on the first day of the month following the month of its publication.
