350,000 Ukrainians to pay real estate tax in 2016 – State Fiscal Service

The State Fiscal Service of Ukraine (SFSU) in 2016 has accrued tax liabilities on the tax on real property other than land for over 350,000 individuals.

According to the SFSU`s website, tax payers will pay to the budget tax for nearly 454,000 residential properties, taxed at the rates specified in 2015. The citizens have been handed over 440,000 tax notifications.

”As of September 26, the budget has already received UAH 149 million in real estate tax revenues. At the same time, until the end of the year, we expect the revenue of more than UAH 250 million,” the report says.

The SFSU notes that in the citizens wish to appeal the amount of tax calculated, they have the right to apply to the tax authority at the place of residence registration and verify data. But they must do so within 60 days from the date of receipt of a tax notice, as they would have to pay penalties for tax unpaid after the completion of this period.

”Those persons who reside in the territory of Ukraine and have a residential property in the territory of the free economic zone in Crimea must also apply to the tax office. They are required to declare such property to determine the total base and benefits for tax payments,” the report reads.

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