Starting from January 1, tax return on rent for state-owned agricultural land will be introduced

A new tax return on rent for state-owned agricultural land will be introduced on January 1, 2026.

It was announced by the Department of Communications with the Public of the Department of Information Interaction of the Main Department of the State Tax Service in the Dnipropetrovsk Region, the Ukrainian News agency reports.

It will be applied by business entities that use land plots leased in accordance with Article 120¹ of the Land Code of Ukraine

The aforementioned article stipulates that a state-owned land plot owned by a state-owned enterprise on the right of permanent use shall be transferred to a joint-stock company, a limited liability company, 100 percent of the shares (stakes) in the authorized capital of which belong to the state, which was formed by the transformation of such a state-owned enterprise and is its successor.

The land is transferred on the basis of a lease for a term of up to 50 years, and the minimum lease payment is not less than 12% of the normative monetary value of the land plot. If such an assessment has not yet been made, it is not less than 12% of the normative monetary value of a unit of arable land in the Autonomous Republic of Crimea or a region.

The rent for such land will be paid under a separate code of the Classification of Budget Revenues - 18011200. The majority of revenues (90%) will be directed to the general fund of the state budget.

As the Ukrainian News agency earlier reported, the State Tax Service informed that Ukrainians are obliged to declare income from OnlyFans, even if the account is deleted.