New Tax Rules for Gifts in Ukraine: What Recipients Will Have to Pay.

Taxation of Monetary Gifts

According to Novyny.live: Under current law, individuals who receive gifts—especially cash—are required to declare them and pay taxes. It is important to note that there is no minimum threshold for monetary gifts, and taxation applies at standard rates. As expert Bohdan Yankiv stated,

“Cash is taxed in full, regardless of the amount. No minimum is provided.”

The taxation of cash gifts is governed by personal income tax rates and a military levy. In 2026, the personal income tax rate stands at 18%, while the military levy is 5%. This means that every cash gift received is subject to taxation at these rates.

Non-Cash Gifts and Tax Obligations

For non-cash gifts, their value must not exceed UAH 2,161.75 to avoid taxation. If the gift’s value surpasses this amount, the recipient is also required to pay taxes.

Additionally, inheritance tax can reach up to 23% in cases involving foreign documents or changes in citizenship. This is a critical factor to consider when planning asset or money transfers between individuals, especially when international aspects may come into play.

Thus, according to current legislation, all cash gifts are subject to declaration and taxation, and recipients must be aware of the applicable tax rates and rules to avoid potential financial penalties.

Understanding gift tax regulations is a key part of financial responsibility for Ukrainian citizens. Declaring cash gifts and complying with legal norms helps prevent misunderstandings with tax authorities and financial sanctions. Since the legislation is constantly evolving, staying updated on the latest requirements and tax rates is essential.