Wednesday, March 2, 2022

Ukrainian Tax Authorities: If You Capture A Russian Tank, No Need To Report It As Income

 Via Interfax:

No need to declare captured Russian tanks, other equipment of invaders as income – NAPC

Ukraine's National Agency for the Protection against Corruption (NAPC) has declared that captured Russian tanks and other equipment are not subject to declaration.

"Have you captured a Russian tank or armored personnel carrier and are worried about how to declare it? Keep calm and continue to defend the Motherland! There is no need to declare the captured Russian tanks and other equipment, because the cost of this ... does not exceed 100 living wages (UAH 248,100)," NAPC's press service said.

Also, there is no need in this case to submit reports of significant changes in property status within 10 days....

....MUCH MORE

Ref: NAPC page 

HT: Australian Broadcasting Corp.'s Matt Bevan