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Update - Ukraine Confirms Extension of Voluntary Disclosure Tax Amnesty for Individuals

14 September 2022

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Approved Changes

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Ukraine

The State Tax Service (STS) of Ukraine has issued a release confirming the extension of the voluntary disclosure tax amnesty program for individuals through Law No. 2516-IX, which entered into force on 2 September 2022. The amnesty program was originally available for one year from 1 September 2021 to 1 September 2022 but has now been extended until 1 March 2023. As previously reported, the program provides reduced tax (fee) rates for previously undeclared income/assets on which tax has not been paid in relation to any tax periods that took place before 1 January 2021. This includes rates of 5%...