Acting Head of the State Tax Service of Ukraine, Lesya Karnaukh, emphasized: Ukrainians who are temporarily or permanently abroad and receive income there must report it to Ukrainian tax authorities. This includes salaries, income from business activities, rent, investments, and other financial income received outside Ukraine.
Is Double Taxation Planned?
At the same time, the State Tax Service emphasizes: this does not mean paying taxes again. If taxes on income have already been paid in another country and this is confirmed by relevant documents, re-declaring in Ukraine does not require additional financial obligations. In this case, it is enough to indicate in the declaration the status of a tax resident of another state and the amount of taxes already paid. Only the part of the income that was not taxed abroad is taxed.
International Data Exchange: What is CRS
Ukraine is also preparing for full exchange of tax information with other countries within the CRS (Common Reporting Standard) system. This mechanism allows tax authorities to receive data on citizens' financial accounts abroad from 121 countries, including EU states. According to representatives of the State Border Guard Service of Ukraine, information exchange is automatic and used only for tax control.
The tax service separately emphasizes: information received within CRS cannot be used for criminal prosecution or transferred to other bodies for unintended purposes. Current legislation limits its use exclusively to fiscal purposes. Thus, the state declares a course towards transparency and income control, while trying to avoid pressure on Ukrainians who are forced to live and work abroad.
