Volodymyr Zelenskyy has signed the Law of Ukraine "On Amendments to the Tax Code of Ukraine on Exemption from Taxation of Real Estate Other Than Land Plots for Destroyed or Damaged Real Estate".

 "This is an extremely important decision to support Ukraine's agricultural sector in the most difficult times for all of us. On behalf of the UAC members, I thank Mr. President, the Office of the President of Ukraine and the Verkhovna Rada of Ukraine for their support and necessary decisions. Our association has made a lot of efforts to work out all the important provisions of the draft law together with MPs," comments Head of the UAC Andrii Dykun.

The law provides for:

• the possibility of applying the Order of the Ministry of Integration of 22.12.2022 No. 309 to determine the list of territories where hostilities are taking place or temporarily occupied by the Russian Federation,
• for the lands potentially contaminated with explosive objects and located in the territories where active hostilities are taking place or temporarily occupied by the Russian Federation, the possibility of obtaining corresponding tax benefits through the decision of local governments has been provided. To do this, taxpayers must apply to them with a corresponding application, in which they must indicate the cadastral numbers of such plots.
• regulatioons of the mechanism for administering land payment privileges, minimum tax liability and the single tax of the 4th group for lands under conservation or contaminated with explosive objects by obtaining relevant data through the State Land Cadastre,
• the existing land privileges were extended to the single tax of 4th group.

If a single taxpayer of the fourth group has land plots (land shares) located in the territories of active hostilities or in the temporarily occupied territories of Ukraine, the 75% share is only applicable for registration as a single tax.

If at least 30% of the land was located in the territories where hostilities were taking place or in the territories temporarily occupied by the armed forces of the Russian Federation for at least six months, the share is reduced to 50% for the purposes of confirming the status of the 4th group taxpayer.