What taxes and fees are associated with the sale of land?

The seller will have to pay the following taxes:

• Personal income tax (PIT).

• If the land plot has been owned for more than three years (either inherited or received as a result of dissoldering) and this is the first sale of the real estate seller since that time, the taxpayer's income from the sale is not taxable.

• If the seller sells another plot of land for the second time within one calendar year, then one must pay personal income tax - 5% of the transaction price (determined expert assessment).

– The third sale and each subsequent sale during the year is taxed at the rate of 18%. But in this case, the income is calculated not from the deal price (determined expert assessment), but from the difference between the price for which this plot was purchased by the seller earlier and the price for which the property passed to the new buyer.

• Military collection

– it is not paid from the first sale, if the land plot has been owned for more than three years (either inherited or received as a result of resoldering)

• 1.5% in all the other cases listed above from income subject to personal income tax.

• Continued

• 1% of the price in the contract, but not lower than its estimated value (expert assessment). It is paid for the first sale and subsequent ones.

You can read more about this in the article "Taxes on the sale of land" - https://ua-lawyer.com/uk/articles/46/podatki-pri-prodazhi-zemli/.