The Cabinet of Ministers approved the draft law «On Amendments to the Tax Code of Ukraine and Certain Other Legislative Acts of Ukraine on the Implementation of International Automatic Exchange of Information on Income Received through Digital Platforms».
The Cabinet of Ministers approved the draft law «On Amendments to the Tax Code of Ukraine and Certain Other Legislative Acts of Ukraine on the Implementation of International Automatic Exchange of Information on Income Received through Digital Platforms».
This was reported by Yaroslav Zheleznyak, a People’s Deputy from Holos. So, according to the new bill, online platform operators must report to the Tax Service on the income of persons who sell their goods or services through them.
Foreign platforms will inform the State Tax Service about the earnings of Ukrainians, while the Ukrainian Tax Service, in turn, will provide partners with the same information about their residents. The exchange of information will take place automatically.
There is already experience — Ukraine has been successfully exchanging information on financial accounts with partners in this way since October 2024. Although in this case the scale is more modest: as of the end of November last year, 29 countries signed an agreement on the automatic exchange of information on income received through digital platforms.
Popular digital platforms in Ukraine often have a foreign registration from this list. For example, the Bolt taxi service is in Estonia, the Glovo courier delivery service is in Spain, and the OnlyFans subscription service, which became famous for its adult content, is in the United Kingdom.
That is, if the bill is adopted, the State Tax Service of Ukraine will be able to receive data on the earnings of Ukrainians on these platforms every year.
«There are electronic platforms that provide certain services. For example, ordering a taxi, delivering food, searching for contractors and various specialists. According to current tax legislation, all such performers and contractors (taxi drivers, couriers, etc.) who are registered on these platforms must independently declare their income and pay taxes on it — 18% personal income tax and 5% military levy. Practically no one does this, and the State Tax Service’s capabilities to control such taxpayers are extremely limited. However, this does not mean that every taxpayer who receives income but does not report it and does not fulfill tax obligations is not under constant threat of liability,» says Danylo Hetmantsev, Chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy.
Reporting platform operators will be required to submit a report on the revenues of reporting sellers to the supervisory authority by January 31 each year. The reporting period is the previous calendar year.
The authors of the bill defined reporting activities as:
That is, if adopted, the law, in addition to those already mentioned, will apply to such companies as OLX, Prom, Rozetka, LUN, Kabanchik.ua, as well as all online taxi services, etc.
A special tax regime will operate for earnings from digital platforms. Instead of 18% personal income tax, the tax rate will be 5%. Another 5% is military duty. That is, in total, you will have to pay 10% tax.
But, to take advantage of this tax regime, you must meet a number of requirements:
In addition to the lower tax rate, such a regime will have another advantage — Ukrainians will not have to file a declaration, because all reporting will be carried out by the digital platforms themselves, which will receive the status of tax agents.
The draft law must be submitted to the Verkhovna Rada by the end of April. According to the head of the tax committee, Danylo Hetmantsev, there are no critical comments about the document.
