The Verkhovna Rada of Ukraine adopted the Law “On amendments to the Tax Code of Ukraine and several other legislative acts of Ukraine re passive income”

Information Department of the Verkhovna Rada of Ukraine Secretariat
04 July 2014, 12:15

The law establishes linear rate for taxation of passive income of natural persons in the amount of 15%.;

taxation of royalty, investment income and dividends shall be exercised on the basis of the version of the Tax Code of Ukraine, effective prior to July 1, 2014;  

any other passive income from investment of money shall be taxed at the rate of 15%.

The law amends the Budget Code of Ukraine.

The respective bill was registered under No. 4101а.