5% tax, 5% military levy: Cabinet approved new rules for online sales

The Cabinet of Ministers of Ukraine has approved a bill that introduces a new taxation system for goods and services sold through popular marketplaces - OLX, Prom, Rozetka and others. This was reported by a government representative in Parliament Taras Melnychuk.

According to the document, online platforms will be obliged to automatically charge 5% of the tax and 5% of the military levy for each transaction. Thus, the state plans to legalize profits that go beyond the official tax system.

The draft law includes not only goods but also services: renting real estate, parking spaces, transport, as well as providing personal services (for example, hairdressing or repair).

Special attention is paid to regular sales. If a person has sold more than three goods or services a year or more than 2000 euros, he or she is obliged to open a separate bank account for such transactions.

The tax will also receive new powers - to collect information on banking operations of such sellers. This will allow you to monitor the volume of trade and avoid tax evasion.

Opposition policies have already criticized the initiative, pointing to the risk of pressure on small businesses and ordinary citizens who earn online. However, the bill must still be considered and approved by the Verkhovna Rada.

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