Online sales under control: what incomes of Ukrainians will be taxed.

Online sales under control: what incomes of Ukrainians will be taxed
Online sales under control: what incomes of Ukrainians will be taxed

Ukrainian citizens who sell used items online will be required to pay tax on their earnings. Bill No. 13232 aims to regulate the taxation of profits from online trading, covering various types of income earned through digital platforms. The goal of these changes is to prevent tax evasion and make entrepreneurial activities more transparent.

The author of the bill specified that the taxation of income and the sale of items at a reduced price will be carried out according to detailed instructions. In particular, if a used item is sold for a lower price, then part of the received funds will not be subject to tax. It is important to have all necessary documents confirming the origin of the item and to properly format payments. Internet platform operators are also required to send reports on users' income to the tax authorities and automatically collect taxes. However, if the sales announcement does not lead to actual payment, then taxes do not need to be paid. By complying with all the requirements and keeping the necessary documents, potential problems can be avoided.

Thus, the new rules for taxing online trading in Ukraine will become more transparent and simpler for users, although it is necessary to comply with all requirements and rules to avoid tax problems.


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