One-time (special) voluntary declaration is submitted from September 1, 2021 to September 1, 2022 and provides for the payment of a fee for one-time (special) voluntary declaration. Further the information about features of declaration is provided.
Features of one-time declaration
Submission of a one-time (special) voluntary declaration (hereinafter – the declaration) is provided by Law of Ukraine “On Amendments to the Tax Code of Ukraine and other laws of Ukraine to stimulate de-shadowing of incomes and increase tax culture of citizens by introducing one-time (special) voluntary declaration of assets and payment of a one-time fee to the budget” No. 1539-IX of June 15, 2021 (hereinafter – Law No. 1539), which supplemented section XX of the Tax Code of Ukraine (hereinafter – the Tax Code) with section 9 “Features of one-time (special) voluntary declaration of assets of individuals”.
One-time (special) voluntary declaration is a special procedure for voluntary declaration by an individual (determined in accordance with item 3 of section 9 of Law No. 1539) of its assets located on the territory of Ukraine and/or abroad, if such assets of an individual were received (acquired) at the expense of income that was subject to taxation at the time of their accrual (receipt) in Ukraine and from which taxes and fees were not paid or not paid in full in accordance with the requirements of tax legislation and/or international agreements, consent to which are provided by the Verkhovna Rada of Ukraine, and/or which have not been declared in violation of tax and currency legislation, the control of which is entrusted to the supervisory authorities, during any of the tax periods that took place before January 1, 2021.
When and who submits the declaration
The declaration is submitted directly by the declarant to the controlling body in electronic form.
According to item 3 of section 9 of chap. XX “Transitional Provisions” of the Tax Code one-time (special) voluntary declaration may be applied by resident individuals, including self-employed, as well as individuals who are not residents of Ukraine, but who were residents at the time of receipt (acquisition) of the objects of declaration or at the time of accrual (receipt) of income, due to which the objects of declaration were received (acquired), and who in accordance with the Tax Code are or were taxpayers (hereinafter – the declarant).
At the same time, according to item 42.5 of Art. 42 chap. II of the Tax Code the taxpayer becomes a user of the User Account and acquires the right, in particular, to submit reports in electronic form after passing in the electronic cabinet electronic identification online using a qualified electronic signature in compliance with the laws of Ukraine “On electronic documents and electronic document management” No. 851-IV of May 22, 2003 and “On electronic trust services” № 2155-VIII of October 5, 2017, or those identification services, the use of which is allowed by the methodologist of the User Account.
What information is indicated
The declarant, who intends to use a one-time (special) voluntary declaration of assets of an individual, during a certain period from September 1, 2021 to September 1, 2022 has the right to voluntarily submit to the controlling authority a declaration showing the following information (data):
- information about the declarant sufficient for his identification;
- information on the objects of declaration: currency values, real estate, movable property, securities and / or financial instruments, rights to receive dividends, interest or other similar property benefits, other assets of an individual;
- independently determined by the declarant in the national currency base for the calculation of the fee for one-time (special) voluntary declaration;
- rate and amount of fee for one-time (special) voluntary declaration.
The declaration does not indicate information about the sources of receipt (acquisition) by the declarant of the objects of declaration.
The controlling authority is prohibited from requesting additional documents other than those provided for in this paragraph.
The declarant is obliged to attach to the declaration copies of documents confirming the value of the declared objects, in case of location (registration) of the individual’s asset outside Ukraine and/or in case of declaring currency values placed on bank accounts in Ukraine and monetary rights requirements. In case of location (registration) of other assets of a natural person in Ukraine, the declarant may attach copies of documents confirming the value of the objects of declaration.
