The State Tax Service has updated the new guides for tax incentives as of January 30, 2024

19/02/2024

The State Tax Service has updated the new guides for tax incentives as of January 30, 2024, namely:

  • Guide No. 122/1 containing information on revenue losses to the budget due to tax incentives;
  • Guide No. 122/2 containing information on other types of tax incentives.

These guides include a list of incentives for corporate income tax, land tax, VAT, excise tax, property tax other than land plots, as well as other local taxes and fees. Information on the duration of these incentives is also provided.

The Tax Service reminded that the accounting of tax incentives received by taxpayers is carried out by supervisory authorities based on the information provided in their tax declarations.

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