TAX ALERT 20.07.2026 | Digest of Key Tax News

The form for the report on controlled transactions has been updated

On 10 July 2026, Order No. 312 of the Ministry of Finance of Ukraine dated 12 June 2026 ‘On Amendments to the Form of the Report on Controlled Transactions and the Procedure for Preparing the Report on Controlled Transactions’ came into force.

The document introduces amendments to the form of the Report on Controlled Transactions and the Procedure for its preparation.

The main aim of the amendments is to improve and provide greater detail regarding the information that taxpayers must include in the Report, particularly in relation to transactions with non-residents and related parties.

The updated form of the Report, in particular, provides for:

• expanded details regarding counterparties and the material terms and conditions of controlled transactions;
• clarification of information regarding the relatedness of parties in accordance with the requirements of the Tax Code of Ukraine;
• the introduction of new relatedness codes ‘525’ and ‘526’, which are used to identify controlled transactions based on the criterion of a significant concentration of export or import transactions with a single non-resident;
• detailed provisions on the procedure for presenting calculations, under which taxpayers must provide a full breakdown of indicators, specifying transaction volumes and comparison bases as percentages, accurate to two decimal places.

In addition, the Order introduces amendments to the Procedure for preparing the Report.

In particular, the Procedure has been supplemented with new provisions setting out the specific requirements for disclosing information when applying the new related-party codes.

At the same time, account must be taken of the requirements of the Tax Code of Ukraine, under which new tax reporting forms apply from the reporting (tax) period following the tax period in which such forms were officially published.

Consequently, the updated Report form will be used when submitting the Report for 2026, which is due by 1 October 2027.

The form for the tax calculation of income accrued (paid) to individuals has been updated

The Ministry of Finance of Ukraine, by Order No. 243 of 7 May 2026 ‘On Amending Order No. 4 of the Ministry of Finance of Ukraine dated 13 January 2015’, has updated the form of the Tax Calculation of Income Accrued (Paid) to Individuals, and has also amended the Procedure for its completion and submission.

The key changes are as follows:

• the introduction of a differentiated approach to the submission of tax returns depending on the category of tax agent. In particular, the Order provides for the use of a separate Tax Calculation form for legal entities and a separate one for individuals – entrepreneurs and persons engaged in independent professional activities.
• the Tax Calculation form itself has been updated;
• the Procedure for completing and submitting it has been updated.

Thus, the Ministry of Finance has effectively revised its approach to the administration of this reporting, adapting it to the specific characteristics of different categories of tax agents.

The document also contains transitional provisions regarding the application of the new rules.

In accordance with these provisions, legal entities shall submit the tax return using the updated form for the first time for the month in which the order comes into force, whilst sole traders and self-employed individuals shall apply the new form for the first time when submitting their returns for the first quarter of 2026.

New form of environmental tax return approved

Order No. 300 of the Ministry of Finance dated 8 June 2026 ‘On the Approval of Amendments to the Form of the Environmental Tax Return’ introduces changes to the environmental tax return form, aimed at bringing it into line with the latest amendments to tax legislation and the specific features of taxation for certain categories of taxpayers.

In particular, in accordance with the new amendments:

• a new field has been introduced in the header of the return – the taxpayer’s status ‘resident of Defence City’. From now on, business entities with this status are required to include this information when submitting the return;
• the field relating to the KATOTTG code of the administrative-territorial unit has been removed from the return form, and the structure of the section detailing tax liabilities has been revised. In particular, lines 4.1–4.4.2 have been structured so that, for each type of environmental tax, the amount of the tax liability, the difference arising from the adjustment of figures, and the amount of penalties (financial sanctions) are specified separately.
• the Order pays particular attention to taxpayers who are residents of Defence City but do not hold resident status in Dia City. For this category of taxpayers, a new Note No. 4 has been introduced, which sets out the specific requirements for completing the return where an exemption from environmental tax applies in accordance with the provisions of the Tax Code of Ukraine.

Furthermore, for each type of environmental tax, the principal amount of tax, the difference (between the revised figures) and the penalty are now shown separately.