Transport tax: which cars are subject to taxation

Sub-paragraph 267.2.1 Paragraph 267.2 Article 267 of the Tax Code of Ukraine (hereinafter – Code) stipulates that the transport taxation subject is passenger cars production year of which is not more than five years (inclusively) and average market cost of which is more than 375 times minimum wage established by the law on 1 January of the tax (reporting) year.

Such cost is determined by the central body of executive power, which ensures formation and implementation of the state policy of economic, social development and trade, according to methodology approved by the Cabinet of Ministers of Ukraine on January 1 of the tax (reporting) year, based on the car brand, model, production year, capacity of engine cylinders, fuel type.

Every year, by February 1 of the tax (reporting) year, Ministry of Economy publishes on its official website list of passenger cars that are not more than five years old (inclusively) and average market cost of which is more than 375 times minimum wage established by the law on January 1 of the tax (reporting) year, which must contain the following data about these cars: car brand, model, production year, capacity of engine cylinders, fuel type.

List of taxation objects for the current tax (reporting) year is posted on website of the Ministry of Economy (www.me.gov.ua), which includes 230 models of passenger cars, which are transport taxation objects in the current tax (reporting) period – 2023.