The Cabinet of Ministers of Ukraine has approved the form and the rules for presenting reports on the signed real estate sale and purchase contracts and payment of obligatory pension insurance tax by notaries. “Notaries quarterly, until the 20th day of the month following the reporting quarter, are required to submit a report on the signed immovable property sale and purchase contracts and payment of the compulsory pension insurance tax to the Pension Fund authorities at the location of the notary public office or private notary’s workplace using the approved form,” the press service of the Ministry of Social Policy said, citing a government decision.
According to the decision, real estate purchase and sale contracts are endorsed by notaries with documentary evidence of the payment of the levy on transactions on purchase and sale of real estate.
When endorsing sales contracts, a notary shall verify the payment of the fee by the buyer and demand the respective documents.
“The form of the report on the signed immovable property sale and purchase contracts contains information on the number of concluded real estate purchase and sale contract, the value of the property and the amount of the compulsory pension insurance tax paid,” the press service said. The implementation of the resolution makes it possible to improve control over the payment of the tax and ensure the completeness of revenues sent to the national budget
The Cabinet of Ministers of Ukraine has provided the Export Promotion Office of Ukraine with the status of the state-sustained institution, while earlier it was the consultative body at the Economic Development and Trade Ministry of Ukraine. The decision was made at a government meeting.
“State-sustained institution Export Promotion Office will fulfill the service function,” Deputy Minister of Economic Development and Trade, Trade Representative of Ukraine Natalia Mykolska said at a press briefing in Kyiv on Wednesday. According to her, among the main tasks of the Office in the status of the state-sustained institution is business consulting, training and assistance in entering foreign markets. At the same time, the Office will focuse on working with small and medium-sized enterprises (SME).
As reported, the Export Promotion Office was established in November 2016 to facilitate the entry of Ukrainian companies into foreign markets.
The Cabinet of Ministers of Ukraine approved a report on the national budget fulfillment in 2017, an Interfax-Ukraine correspondent has reported. “This budget, the law on the national budget of Ukraine, for 2017 first in a long period of time was passed in due time, which allowed holding eligible discussion in the government and eventually with lawmakers. This discussion allowed providing for financial support of the salary increase, financing the pension reform and road repair… We continued focusing on the reduction of the deficit of the budget,” Ukrainian Finance Minister Oleksandr Danyliuk said.
He said that with the approved figure for the deficit of the national budget at 2.7% of GDP last year it was 2.6%.
Some 1,061 Ukrainians have declared income of over UAH 1 million as of March 21, which is half more than in the same period last year, the State Fiscal Service reported on its website. According to the agency, the largest sums of tax liabilities were declared by two residents of Kharkiv region – more than UAH 8 million.
In total, as of March 21 Ukrainians had submitted 130,000 tax declarations for UAH 12.3 billion, which is UAH 1.8 billion, or 13%, less than in the same period in 2017.
“The majority of citizens declared the income received in the form of wages totaling almost UAH 4.1 billion,” the agency said.
At the same time, income from inherited or property received as a gift amounted to UAH 2.1 billion, from the sale of movable and immovable property some UAH 1.1 billion, due to receipt of foreign income some UAH 400.6 million, according to the service.
