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Military tax in Ukraine – car owners will have to pay more – UNIAN
It is noted that the updated taxes will affect sales of cars, trucks, buses and other vehicles.
In Ukraine, from December 1, the military tax rate was increased from 1.5 to 5% on the income of individuals from the sale of movable property during the year. Thus, car owners who sell their vehicles must pay tax.
According to the Main Service Center of the Ministry of Internal Affairs, when selling a car, Ukrainians must pay the state a certain percentage of tax:
- sale of the first car – 0%;
- sale of a second car – 5% of the cost of the car + military tax – 5%;
- sale of a third or more – 18% of the cost of the car + military tax – 5%.
It is noted that when selling the first, second bus, truck, trailer, tractor, special equipment and other movable property…