On 9 October 2026, the State Tax Service issued detailed guidance on the calculation and declaration of the minimum tax liability (MTL) introduced under recent amendments to the Tax Code of Ukraine. The MTL applies to large enterprises meeting specific revenue thresholds, ensuring a baseline contribution regardless of deductions or losses. The clarification addresses computational mechanics, including the treatment of tax credits, loss carryforwards, and the interaction with the standard corporate income tax (CIT) regime.
Key Takeaways
- Formula and Thresholds: The MTL is calculated as 1% of net revenue (excluding VAT) for taxpayers with annual revenue exceeding UAH 1 billion, with adjustments for specific industries such as agriculture and IT.
- Filing Integration: The MTL amount must be reported in the annual CIT return (Form 101.01) with a separate schedule, and any excess over the standard CIT liability is payable by the filing deadline of 30 April following the reporting year.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement