In Ukraine, the tax rate from the sale of movable property has increased

In Ukraine, the tax rate from the sale of movable property has increased

The Law "On Amendments to the Tax Code of Ukraine Regarding Taxation Features Under Martial Law" has come into effect, which increases the military levy from 1.5% to 5% for individuals on any income. According to the amendments, as of December 1, the tax rate from the sale of movable property within one year has also changed: passenger cars, mopeds, and motorcycles, noted the Main Service Center of the Ministry of Internal Affairs.

Accordingly, if a car owner decides to sell their vehicle, they must pay the applicable tax:

• sale of the first car – 0%;
• sale of the second car – 5% of the car’s value + military levy – 5%;
  sale of the third and subsequent cars – 18% of the car’s value + military levy – 5%.

When selling the first or second bus, truck, trailer, tractor, special equipment, or other movable property, a tax of 5% and a military levy of 5% of the appraised value are charged even on the first transaction of the year.

When selling the third and subsequent buses, trucks, trailers, tractors, special equipment, and other movable property, a tax of 18% and a military levy of 5% of the appraised value are charged.

Meanwhile, for military personnel and law enforcement employees, the military levy rate remains at 1.5%.

To re-register a vehicle to a new owner, one should visit any convenient service center of the Ministry of Internal Affairs. Services are provided with tickets available through the online "E-record" system or at the terminal in the service center premises.

Consultation regarding services of the Ministry of Internal Affairs’ service centers can be obtained by calling (044) 290-19-88, or on the Main Service Center of the Ministry of Internal Affairs’ Facebook and Instagram pages. Answers to the most common questions and useful information can be found on the website.