Do I need to declare cashback?

24.07.2023 15:31 • Question

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1 Answers

Lorina Fedan

Answer provided 24.07.2023 15:32

Funds received by the subject of the declaration or a member of his family during the reporting period in the form of "cashback", "bonuses" in monetary form from banking or other financial institutions are indicated in section 11 "Income, including gifts" of the declaration, if such funds are included in the total monthly (annual) taxable income of the taxpayer as an additional benefit (income code "126") or other income (income code "127"). Thus, the specified funds received from one source are added up according to the corresponding sign.

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