Chernivtsi: the Sale of one passenger car is not subject to
in accordance with the first subparagraph of paragraph 173.2 article 173 of the Tax Code the income received by a taxpayer from sale (exchange) during the reporting (tax) year of one of the objects of movable property in the form of a passenger car and/or motorcycle and/or moped, as an exception to the provisions of paragraph 173.1 article 173 of the tax code, is not subject to tax. The income derived by the taxpayer from sale (exchange) during the reporting (tax) year of two or more of movable assets in the form of a passenger car and/or motorcycle and/or moped shall be subject to tax at the rate defined in paragraph 167.2 of article 167 of the tax code, namely 5 percent (second subparagraph of paragraph of article 173 173.2 GCC). According to 173.3 paragraph of article 173 of the Code, if a party to the contract of sale of movable assets is a legal person or natural person-entrepreneur, such person is considered the tax agent of the taxpayer and is obliged to fulfil all the defined by section IV of the TCU functions of a tax agent. Taking into account the information about the order of sale of movable property specified by the tax payer in the contract of sale or in a separate statement, the tax agent withholds tax at rates determined by Code. If an item of tangible property sold (exchanged) with the mediation of a legal entity (its branch, Department, other separate sub-section) or representative offices of non-resident or natural person-entrepreneur, the intermediary performs functions of a tax agent in regard to the submission to the Supervisory authority information on the amount of income and the amount paid to the budget of the tax in the manner and time established for the tax settlement and the tax payer at the time of conclusion of the contract is obliged to pay to the budget the tax on income from operations on sale (exchange) of movable assets. The contract of sale (exchange, exchange) of movable property shall be certified by a notary in the presence of a document on the assessment of the property and a document confirming payment to the budget by seller of the tax. The taxpayer shall determine the amount of tax and pays it to the budget through the banking institutions. Thus, in understanding the established norms of the Code is seen, that in the case of sales in the reporting year, one passenger car and/or motorcycle and/or moped income not subject to tax. However, the second subparagraph of paragraph of article 173 173.2 NKU it is provided that during the implementation during the year of two or more of movable assets in the form of a passenger car and/or motorcycle and/or moped, the resulting income is taxable at the rate of 5 percent. In addition, according to section 16 subsection 10 of section XX of Transitional provisions of the TCU, temporarily, until the entry into force of the decision of the Verkhovna Rada of Ukraine about completion of the reform of the Armed forces of Ukraine, installed a military camp. The object of the war tax is the income defined by article 163 of GCC, in particular the total monthly (annual) taxable income. From the war tax exempt income under section IV of the Code are not included in the total taxable income of individuals (not subject to taxation are taxed at a zero rate), except for income specified in subparagraphs 165.1.2, 165.1.18, 165.1.25, 165.1.52 clause 165.1 article 165 of the TCU. The accrual, withholding and payment (transfer) of military tax to the budget shall follow the procedure established by article 168 of the Code, at a rate of 1.5%. the object of taxation. Reference: letter of the SFS of Ukraine from 01.03.17 ¹ 5162/7/99-99-13-01-03-17 "On the sale of two or more objects movable property". This was reported in the Chernivtsi city CouncilÏåðåâåäåíî ñåðâèñîì "ßíäåêñ.Ïåðåâîä÷èê": translate.yandex.ru.
Source: http://uzinform.com.ua/
