OREANDA-NEWS. April 01, 2011. The Government accepted the proposal of the State Tax Service exempt from filing an annual declaration of property status and income (tax declaration) individuals who received income from heritage (gift), which is taxed at zero rate. The order approved during Government’s session.

Adoption of this regulation, as noted in his speech during the session of the Government Chairman of Tax service of Ukraine Vitaliy Zakharchenko, relieve some tension in society, related with the procedure of "superfluous" declaration of income of citizens in the form of inherited property (gift) of which do not provide for the payment of tax.

We believe that this will also reduce the time and money spent for preparing and filing appropriate declarations. However, the adoption of the order does not worsen the condition of administration of tax of personal income", - Vitaliy Zakharchenko said.