Net income of a private entrepreneur is subject to military tax

Uzhgorod tax authorities remind that payers of military tax are persons referred to in Article 162 of the Tax Code of Ukraine:

natural person – resident who receives income as originating in Ukraine, as well as foreign income;

natural person – non-resident who receives income as originating in Ukraine;

tax agent.

The tax rate is 1.5 percent of the tax object as specified by sub-paragraph 1.2 of paragraph 161 of subsection 10 of the Code (sub-paragraph 1.3 of paragraph 161 of subsection 10 of the Code).

The first tax reporting period for accrual of military tax on income of individuals – entrepreneurs is 2015.

The term of payment of military tax for individuals – entrepreneurs is by February 19, 2016.

                                                                                                                                                                                                                                                               STI inUzhgorod