In the Letter No. 9788/7/17-1117 dd. 04.04.2012 the State Tax
Service of Ukraine explained the procedure for calculating the base
of individual income tax.
The STS noted that the object of taxation (for both residents
and nonresidents) is, in particular, the total monthly (annual)
taxable income consisting of the sum of taxable income accrued
(paid or provided) for a tax reporting period.
In cases where certain types of taxable income are not taxed
when accrued or paid but are not exempt from taxation, the taxpayer
itself is obliged to include the amount of such income in the gross
annual taxable income and file an annual return on that tax in due
time. Individual entrepreneurs shall indicate other revenue from
sources in Ukraine and foreign income along with income from their
business activities and shall note down the advance payments of
personal income tax.
