New Tax Declaration for Agricultural Land Lease

This declaration will be used by business entities that use land plots leased in accordance with Article 120¹ of the Land Code. The specified article provides that a land plot of state property that belonged to a state enterprise on the right of permanent use is transferred to a joint-stock company, a limited liability company, 100 percent of the shares (shares) in the authorized capital of which belong to the state, which was formed by transforming such a state enterprise and is its legal successor. The transfer of land takes place on lease terms for a period of up to 50 years, and the minimum amount of rent is not less than 12% of the normative monetary assessment of the land plot. If such an assessment has not yet been carried out - not less than 12% of the normative monetary assessment of a unit of arable land area in the Autonomous Republic of Crimea or the region. The rent for such land will be paid under a separate code of the Classification of Budget Revenues - 18011200. Most of the revenues (90%) will be directed to the general fund of the state budget. The new form of the tax declaration can be found at the link: https://tax.gov.ua/zakonodavstvo/podatki-ta-zbori/mistsevi-podatki/plata-za-zemlyu--u-skladi-podatku-na-may/normativno-pravovi-akti/79747.html.