Some Of The Essential Facts About Taxes In Ukraine That Expatriates Must Know


Ukraine is the second-largest country of Europe with a beautiful landscape. Well, it is mostly famous for its agricultural brilliance. To be precise, agriculture is one of the most significant parts of the Ukrainian economy. Besides, it is amongst the most popular destinations for expatriates.

So, if you are one of them, you are in the right place. Here, we will discuss some of the facts about taxes for expatriates in Ukraine. We assure you that it will help you a lot. So, here are the points that you must know.

Impact of Ukrainian tax on the expatriates

Well, the first thing that you should know about tax services Ukraine for the expatriates is not that easy. Even if you are living in the US, you have to take care of your US taxes as well. However, if you want to avoid the dual-taxations, you have to maintain specific criteria. Then only you will able to enjoy these exclusions.

·         Foreign Earned Income Exclusion
·         Foreign Tax Credit
·         Foreign Housing Exclusion

Who is considered as the residents of Ukraine?

Well, you will become a resident of Ukraine, if you have a permanent resident in Ukraine. Also, you have to make sure that that resident is available to you for more than six months. Also, if you can stay in that resident for 183 days or more in a calendar year, you will be considered as a citizen of Ukraine.

Does foreign income is confined in Ukrainian tax?

In the case of the non-residents, the revenue that you are earning in Ukraine is confined to Ukrainian tax services. However, if you are a resident of Ukraine, you have to pay your taxes based on your world income.

What is the tax treaty between the US and Ukraine?

Well, the tax treaty between the US and Ukraine is pretty impressive. They crafted it in such a way that you don’t have to worry about dual taxation. To be precise, it will help you to avoid double taxation.

Due date of Ukraine Tax

In case, if you are working for a Ukrainian employer, they will extract your tax from your paycheck. After that, they will submit your fee on your behalf to the required authority. Well, if you earn money from the agents who are not authorized ‘tax agents,’ you have to file the tax return Ukraine within 1st May. So, you can consider 1st May being the due date for Ukraine tax.

Social security in Ukraine

If you become an employee of a Ukrainian company, you will be subjected to a Unified Social Security Contribution (USSC).

So, these are some of the facts that you must know about the Ukrainian tax if you are an expatriate.

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