Chernivtsi: new year party at the expense of the employer – no tax
According to item"a" PP.14.1.54 p. 14.1 ñò14 the Tax code of Ukraine (hereinafter – TCU) income with source of origin from Ukraine is any income earned by residents or non – residents, including from any of their activities on the territory of Ukraine (including payment (accrual) of remuneration from foreign employers), its continental shelf, the exclusive (Maritime) economic zone, including but not limited to, income in the form of wages, other payments and compensations paid according to the terms and conditions of employment and a civil law contract. Additional benefits are the means, tangible or intangible property, services, other income paid (provided) to the taxpayer by the tax agent, if such income is not wages and is not connected with performance of duties of employment or is not the reward under civil contracts (agreements) concluded with such taxpayer (except cases expressly provided by norms of section IV of GCC) (PP.14.1.47 p. 14.1 of article 14 of the TCU). According to the PP."and" PP.164.2.17 p.164.2, article 164 of the TCU in the total monthly (annual) taxable income of the taxpayer included the income received as an additional benefit, in particular, the cost of property and food, donated by the tax payer, except for cases specified in GCC for the taxation of business profits. However, the taxation of incomes of physical persons received in the form of additional benefits based on the provisions of the TCU, is considered only in case of receiving the individual tax payer. Thus, the cost of the festive evening (Banquet, party) which is held by the employer for its employees, not included in the total monthly taxable income of these workers. This was reported in the Chernivtsi city CouncilÏåðåâåäåíî ñåðâèñîì "ßíäåêñ.Ïåðåâîä÷èê": translate.yandex.ru.
Source: http://uzinform.com.ua/
