On July 18, the Cabinet of Ministers of Ukraine registered the draft law “On Amendments to the Tax Code”. Among other things, it proposes to increase the military tax rate to 5% and oblige private entrepreneurs of the third group to pay 1% of the tax. This was announced in Telegram by the Permanent Representative of the Cabinet of Ministers of Ukraine in the Verkhovna Rada Taras Melnychuk, UNN reports .
Details
Draft Law No. 11416 provides for new rules of military duty for the period of martial law in Ukraine. Objectives of the proposed amendments:
- creating conditions for the proper functioning of the economy,
- filling the revenue side of the budget;
- ensuring national security and defense.
The government proposes to increase the military tax rate to 5% (currently it is 1.5%) and to establish an obligation to pay the military tax:
- legal entities - 1% of income from any activity for corporate income tax payers and single tax payers of groups III and IV;
- 5% at the rate of two minimum wages per month by individual entrepreneurs who are single tax payers of groups I, II and IV;
- for individual entrepreneurs of group III - 1%;
- to legal entities and individuals that purchase precious metals from banks - 5% of the value of these metals;
- for those who sell jewelry made of gold, platinum and precious stones - 30% of the value of the products sold;
- people who acquire ownership of passenger cars - 15% of the cost of cars (except for persons with disabilities in accordance with the law);
- from the sale of real estate - 5% of income;
- mobile communication providers - 5%.