Bank Accounts Chernivtsi added to the treasury more than 20 mln. UAH.
Since the introduction of the taxation of passive income financial institutions Chernivtsi transferred to the state budget of over 20.1 million. UAH. tax on interest on deposits. This year's budget has joined 15.5 million. UAH. taxation of passive income, including in September for rahunofor passive income Chernivtsi budget received almost 1.7 million. UAH. State Tax Inspection in. Chernivtsi recalls that the amendments to the Tax Code of Ukraine introduced by the Law of Ukraine on December 28, 2014 N 71-VIII, this year provides increase passive income tax rate from 15 percent to 20 percent (excluding dividends on sharesand corporate rights accrued residents - payers of corporate income tax). The structure of passive income for tax purposes PIT includes: royalties, dividends, interest on current or deposit (deposit) bank account and interest on deposits (deposits) in credit unions. Under applicable requirements depositors need not justconstantly hold and transfer to the budget the amount of tax payable. This function is performed exclusively by tax agents - banks and credit unions. After a bank or credit union with accrued passive income alone holds 20 percent tax and transfers it to the budget. Actually, it does not matter or the amount of the deposit (deposit)nor the size of the interest - this rate is valid for absolutely everyone. Passive income is one of the attributes of the so-called luxury tax, which in the current difficult economic climate should have a clear gradation of taxation depending on the financial status of citizens. This was reported in the Chernivtsi City CouncilSource: http://artlife.rv.ua/