UNIAN
The Cabinet of Ministers has instructed the Ministry of Finance, the State Fiscal Service and the Ministry of Justice to consider by July 1 the necessity of introducing a once-off declaration of assets, property and currency values.
The relevant government decree dated March 11 has been published on the government Web site.
In addition, the resolution provides for performance by October 2015 of a national risk assessment, as well as a control over the formation of the authorized capital of enterprises using the funds of unknown origin.
As UNIAN reported earlier, the cabinet plans to introduce a single-time declaration of income, property and financial position received, inter alia, through violations of the law on income taxation and foreign exchange regulation.
In the future, such statements will be used to compare available income and expenditures. At this, declaration is completely voluntary, and citizens who do not submit the declaration will automatically be considered as owners of assets worth of up to UAH 200.000. If the size of assets, primarily bank deposits or cash, exceeds the above stated amount, it is subject to declaration and taxation at the rate of 3% of the declared amount.