President of Ukraine Volodymyr Zelensky has signed a law on tax amnesty, the Office of the Head of State reported.<\/p>\n\n\n\n
Kyiv. Ukraine. Ukraine Gate – July 17, 2021 \u2013 Ukraine News<\/span><\/a><\/strong><\/p>\n\n\n\n This law will allow tax evaders to disclose their real income and declare their assets while avoiding punishment.<\/p>\n\n\n\n Citizens of Ukraine will be able to submit a voluntary declaration indicating assets for which taxes and fees have not been paid by January 1, 2021. This should be done in the period from September 1 this year to September 1, 2022. The tax amnesty applies, in particular, to currency values \u200b\u200bother than cash, securities, as well as movable and immovable property in Ukraine <\/a>and abroad.<\/p>\n\n\n\n From the declared assets the citizen will have to pay a fee, in particular 5% on currency values \u200b\u200bon accounts in banks in Ukraine, and also other assets which are (registered) in Ukraine; 9% on currency values \u200b\u200bon accounts in foreign financial institutions, as well as on other assets located abroad; 2.5% of the nominal value of government bonds of Ukraine purchased by the declarant in the period from September 1, 2021, to August 31, 2022.<\/p>\n\n\n\n If a citizen pays all the necessary fees, he is guaranteed release from liability for violating tax <\/a>laws. Government agencies and officials will not be able to disclose information from one-time declarations without a court decision.<\/p>\n\n\n\n Carrying out a tax amnesty was one of Zelensky’s election promises. Thus, the law will bring out of the shadows up to $ 20 billion, said the chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Danilo Getmantsev.<\/p>\n\n\n\n <\/p>\n\n\n\n