What other tax or taxes (if any) are payable by the seller on the disposal of a property?
For corporate sellers, proceeds from the sale of a property are subject to corporate income tax at the rate of 18% (or, if they opted to be users of a simplified tax system – 3% or 5%, as the case may be, of the sale revenues).
Individual buyers of real property (other than land) pay 1% contribution to the State Pension Fund of Ukraine.
Finally, although it is not a plain tax, 1% of the transfer value is payable as state duty (or its equivalent). This payment is negotiable in the sense that it can be split between the buyer and seller.
For those who are buying a flat, house or land plot in Lviv
This Package Includes
- one hour consultation
- due diligence of selected property
- bilingual sale-purchase contract
- deal signing and closing
Still have any questions?