Tax for imported used cars is reduced from today

Source : 112 Ukraine

The new rates are reduced temporarily until December 31, 2018  
11:52, 1 August 2016

Reduced excise tax for imported used cars is valid in Ukraine starting from today, August 1. Thus the tax for used cars  with up to 1l volume petroleum engine will be 0,102 Euro per 1 cubic centimeter, which is almost 11 times less than 1,094 Euro of the current rate.

For other volumes of the engine excise grid will be as follows. For 1-1.5 l petroleum engine cars the rate is now 0.063 Euro, comparing with previous 1,367 Euro; for 1.5-2.2 liter engine petroleum cars - 0.267 Euro (previously 1,643 Euro); with 2.2-3 liter engine - 0.276 Euro (2,213 Euro before); with an engine of more than 3 liters - 2,209 Euro (before - 3,329 Euro).

For diesel vehicles: the engines up to 1.5 liters - 0.103 Euro (1,367 Euro before); for 1.5-2.5 liter engine - 0.327 Euro unlike previous 1,923 Euro); for diesel engine of more than 2.5 liters - 2,209 Euros (before - 2,779 Euro).

In addition, the law has a number of limitations.

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First of all, the law only applies to cars produced after January 1, 2010.

Also new rates do not apply to the cars derived "from a country recognized as an occupier-state according to the law of Ukraine".

The rates only apply to 1 imported vehicle per year - one can import only one car for personal use with the condition that it won't not be resold within one year.

In the case of resale of the vehicle within 365 days from the date of registration in Ukraine, the buyer will be obliged to pay the full tax. The validity of the bill set December 31, 2018.

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