The new draft law on taxing income earned through digital platforms will not affect citizens who sell their personal items on marketplaces like OLX. This was stated by Yaroslav Zheleznyak, the first deputy chairman of the parliamentary Committee on Finance, Taxation, and Customs Policy.
This is reported by Finway
Who Will Be Affected by the New Tax Rules for Digital Platforms
Zheleznyak explained that the document is primarily aimed at those engaged in entrepreneurial activities and earning income through digital services, rather than ordinary citizens who occasionally sell personal items. If an entrepreneur sells goods or provides services, for example, working part-time through Uber, Bolt, or Uklon, then according to the new rules, the platform will automatically withhold 5% tax and 5% military levy, as well as independently declare the income. This will reduce the tax burden by 13% and eliminate the need to deal with reporting and bureaucracy.
How Sales of Goods Through Marketplaces Will Be Taxed
If a seller is engaged in systematic sales of goods through platforms like OLX, Prom, or Rozetka, they have two options: register as a sole proprietor (FOP) and pay 6.5% in taxes along with the military levy, or, if it involves the sale of new goods worth over 2000 euros, the platform will automatically withhold and transfer 10% in taxes if the seller does not wish to register as an FOP.
At the same time, the sale of used items is not subject to these rules, so ordinary citizens selling their personal belongings do not need to worry about additional taxation.
“Thus, this draft law currently does not affect citizens at all, creating simpler and more favorable conditions by reducing the tax burden and bureaucracy. It provides a 13% benefit for many. We believe that this will gradually increase the tax base: it will become more advantageous for people to work transparently and have no problems,” Zheleznyak emphasized.
The draft law will not come into effect immediately after its adoption. According to the politician, its implementation is possible only about a year and a half after signing all necessary agreements and completing a number of state procedures.
Earlier, the Verkhovna Rada supported another draft law from the IMF package No. 15111-d concerning the taxation of digital platforms in the first reading.