The Verkhovna Rada of Ukraine adopted the Tax Code of Ukraine

18 November 2010, 19:07

The Tax Code consists of the following chapters: general provisions; administration of taxes and duties (compulsory charges); the tax on income of enterprises; the individual income tax; the value added tax; the excise duty; the charge for the first registration of a motor vehicle; environmental tax; rental payment for the transportation of oil and oil products through the major pipelines, transit pipeline transportation of the natural gas and ammonia across the territory of Ukraine; rental payment for oil, natural gas and gas condensate produced in Ukraine; the charge for the use of mineral resources; local taxes and charges; land tax; special tax treatments; the charge for the use of the radio resource of Ukraine; the charge for the special water use; the charge for the special use of forest resources; administration of taxes under the production distribution agreement, final and transitional provisions. 

 

The Tax Code regulates the administration of taxes and charges, fixes the taxes and charges administered in Ukraine; defines the order of their administration, determines the taxpayers, their rights and obligations, the authority of the supervisory bodies, the authorities and obligations of their officials by exertion of the tax control, and responsibility for the violation of the tax legislation.

 

Pursuant to the Code, taxes and charges, as well as tax preferences, are fixed by The Verkhovna Rada of Ukraine, The Verkhovna Rada of the Crimean Autonomous Republic, village, township and city councils in compliance with this Code within their authorities as established by the Constitution of Ukraine and this Code.  

 

The Code establishes the following national taxes and charges: the tax on income of enterprises; the individual income tax; the value added tax; the excise duty; the charge for the first registration of a motor vehicle; environmental tax; rental payment for the transportation of oil and oil products through the major pipelines, transit pipeline transportation of the natural gas and ammonia across the territory of Ukraine; rental payment for oil, natural gas and gas condensate produced in Ukraine; the charge for the use of mineral resources; local taxes and charges; land tax; special tax treatments; the charge for the use of the radio resource of Ukraine; the charge for the special water use; the charge for the special use of forest resources; the fixed agricultural tax; the charge for the development of vine-growing, gardening and hop growing; the customs duty; the charge in the form of the targeted surplus to the applicable tariff for the electrical and heat energy, apart from the electrical energy produced by the qualified cogeneration facilities; the charge in the form of the targeted surplus to the applicable tariff for the natural gas for the consumers of all forms of ownership.

 

The local taxes include the real estate tax for the immovable property other than the land plot; a single tax; the local charges include the charge for certain types of entrepreneurship; the charge for the parking lot; the tourist charge.

 

The Tax Code regulates the tax control the system of actions taken by the supervisory bodies to control the correct and timely calculation and payment of taxes and charges, and observance of the legislation on payments, patents, licensing, and other laws.

 

The prosecution bodies, the Security Service of Ukraine, the internal affairs agencies, the tax police, the prosecution and their officials shall not directly participate in the tax inspections of the supervisory bodies or hold tax inspections of the business entities.

 

 

Individuals who refused to accept the individual tax payer number due to their religions convictions and notified the state revenue service about the refusal shall be registered by the last name, first name, patronymic name, series and number of the valid passport.    

 

The Code envisages setting up a comprehensive system of the information-analytical support of the state revenue service.

 

The state revenue agencies are authorized to hold in-office tax audit, desk audits (scheduled or unscheduled; field or on-site) and ex post reviews.

 

The Code presents an exhaustive list of the financial penalties to be imposed on the taxpayers in case of violation of the tax legislation. Violation of the tax legislation entails financial, administrative and criminal responsibility.

 

The draft amended during the scrutiny was registered under Reg. No.7101-1.