In Vinnytsia region received investment income? Don't forget to submit a Declaration
In Vinnytsia continues the campaign to declare income received in 2015. Among those who must file a tax return citizens who have received in the past year, investment income (income from the sale of securities, corporate rights, etc.). We will remind that by results of the previous campaign Declaration 66 citizens of the region declared investment income in the amount of 18,4 million UAH and local coffers received approximately 3.0 million USD. the tax to incomes of physical persons. Be sure the taxpayer declares the results of all operations on purchase and sale of investment assets, performed during the reporting year both in the territory of Ukraine and abroad. Total financial result of operations with investment assets is determined as the sum of investment gains, received by the taxpayer during the reporting year, reduced by the amount of investment losses incurred by the taxpayer during such year. Accounting of total financial result from operations with investment assets kept by the taxpayer independently, separately from other income and expenses. The documents confirming actual costs incurred prior to the acquisition of securities by an individual taxpayer, including a nonresident, are the contracts of purchase and sale of securities, the discharge of the guardian for every order, certified by the seals of the guardians, acts of transfer and acceptance of securities, cash records with cash payments through the cashier or the accounting documents in non-cash payments. To the sale of an investment asset is also equal operation: the exchange of an investment asset for another investment asset; repurchase or redemption of the investment asset by the Issuer, which belonged to the taxpayer; to refund to the taxpayer of funds or property (property rights) previously submitted to the Charter capital of the Issuer of corporate rights, if such payer of tax from the founders (participants) of such Issuer or liquidation of such Issuer. Investment asset, a gift from the tax payer or inherited by the taxpayer, is considered to be acquired at a cost equal to the amount of the state fee and the tax on income of physical persons paid in connection with such donation or inheritance. If the total financial result of operations with investment assets has a negative value, its amount transferred in reduction of total financial result from operations with investment assets of the following years until full repayment, in addition to financial results, referred to in par. the first p. 29 FR. 4 of XX "Transitional provisions" of the Tax code of Ukraine (hereinafter – TCU). However, according to p. 170.2.8 p. 170.2 of article 170 of the TCU is not subject to taxation and not included in total annual taxable income less investment income of 1,710 USD. Yet another reason for the exemption from taxation provided by clause p. 165.1.40 clause 165.1 article 165 of the tax code of Ukraine (the amount of income received by the taxpayer in consequence of the alienation of shares (other corporate rights) received by him in the property in the process of privatization in exchange of privatization compensation certificates, directly received by him as compensation the amount of his contribution in the establishment of savings Bank of the USSR or in the institution of the state insurance of the USSR, or in exchange for privatization certificates received by him according to the law, as well as the amount of income received by such taxpayer as a consequence of the alienation of land plots of agricultural designation, land shares (shares) according to the norms of free transfer, a certain article 121 of the Land code of Ukraine depending on their destination, and property shares, directly received by him into ownership in the privatization process). In these cases, an individual tax is not included in the calculation of total financial result from operations with investment assets the amount of income and expenses for the purchase of such investment assets. The SE DFS in the field This was reported in the Vinnytsia regional state administrationÏåðåâåäåíî ñåðâèñîì "ßíäåêñ.Ïåðåâîä÷èê": translate.yandex.ru.
Source: http://uzinform.com.ua/
