This was reminded by the State Tax Service of Ukraine.
What taxes need to be paid?
Any income earned abroad is subject to taxation in Ukraine. It is taxed at the following rates:
- 18% — personal income tax (PIT);
- 1.5% — military tax (only for income received before January 1, 2025).
If the income was received in foreign currency, the amount is converted to hryvnias at the official exchange rate of the NBU on the day the income was accrued.
How to avoid double taxation?
If you have already paid taxes abroad, you will not have to pay income tax again in Ukraine. However, it is essential that the country in question has a double taxation avoidance agreement with Ukraine.