Of luck the LIGHTS: the procedure of taxation of inheritance changed
Experts Lutsk LIGHTS of the Main Directorate of DFS in Volyn region reported that 25.03.2017 entered into force the Law of Ukraine of February 23, 2017 No. 1910-VIII "On amendments to the Tax code of Ukraine regarding the taxation of inheritance" (hereinafter – the Law). In particular, the Law simplified the procedure for registration of inheritance to the next of kin of the testator, which from 1 January 2017 have the right to inherit, namely: it is established that tax at the zero rate of the tax to incomes of physical persons of objects of heritage, which are inherited not only by members of the family of the testator first-degree relatives, and objects of inheritance, the inherited members of the family of the second degree. However, the Law stipulates that in case of inheritance, any object inheritance, which is taxed at a zero rate, the estimated cost of such facilities for tax purposes is not determined. Also not assessed objects, donated by the tax payer, taxable on incomes of physical persons at a zero rate. However, income in the form of the gift, accrued (paid, provided) to the taxpayer legal entity or physical person - entrepreneur are subject to tax on General grounds stipulated by the Tax code for taxation of additional benefits, that is, at the rate of 18 percent. Recall that with the updated text of the Code can be found using the "Normative and informative documents" Publicly accessible information and reference resource (http://zir.sfs.gov.ua). Reference: Law 24.03.2017 published in the newspaper "Voice of Ukraine" ¹54. The Department of the Lutsk LIGHTS This was reported in Lutsk city CouncilÏåðåâåäåíî ñåðâèñîì "ßíäåêñ.Ïåðåâîä÷èê": translate.yandex.ru.
Source: http://uzinform.com.ua/
