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Starting from Today Citizens of Ukraine have Opportunity to Voluntary Declare their Incomes

From September 1, Ukrainians have the right to file a one-time voluntary declaration indicating assets that belong to them and on which taxes have not been paid. In the declaration, it will not be necessary to provide information about the sources of origin of the declared assets.

The voluntary asset declaration is a way to bring money and assets out of the shadow economy in a civilized manner.

The introduction of a one-time voluntary asset declaration by individuals and payment of a one-time fee to the budget is provided for by Law No 1539. The law creates incentives for removing from the shadows of incomes hidden from taxation and bringing it into the economy of Ukraine.

The campaign of voluntary one-time declaration of assets by individuals will be until September 1, 2022.

The declaration of assets is carried out at the request of a citizen entitled to such a declaration.

The declaration is submitted to the State Tax Service of Ukraine directly by taxpayers through the Online Cabinet.