Thursday, March 03, 2022

Ukrainian authorities say citizens don't need to declare captured Russian tanks and military equipment for tax purposes

Cheryl Teh
Tue, March 1, 2022,

A fragment of a destroyed Russian tank on the outskirts of Kharkiv, Ukraine,
 on February 26.
SERGEY BOBOK/AFP via Getty Images

Ukrainian authorities said captured Russian tanks wouldn't be counted as part of citizens' income.

They said that seized tanks and military equipment need not be declared for tax purposes.

They said such items would be considered a "manifestation of the unity and cohesion" of Ukrainians.

Ukrainian authorities have reassured citizens that they don't need to declare captured Russian tanks or any equipment they pick up as personal income.

"Have you captured a Russian tank or armored personnel carrier and are worried about how to declare it? Keep calm and continue to defend the Motherland!" a statement from the Ukrainian National Agency on Corruption Prevention seen by Interfax-Ukraine said.


"There is no need to declare the captured Russian tanks and other equipment, because the cost of this ... does not exceed 100 living wages," or 248,100 Ukrainian hryvnia, the agency said, according to Interfax-Ukraine. The sum equates to about $8,300.

On the agency's website, a document dated Monday said the seizure of tanks or equipment would be considered a "manifestation of the unity and cohesion of the Ukrainian people in the fight against invaders" and would not be taxable.

"Thanks to the courage and victory of the defenders of the Ukrainian state, hostile military equipment, weapons, and other armor arrive as scrap. It is impossible to evaluate such objects in accordance with the Law of Ukraine," it said.

Ukraine has fiercely resisted Russia's invasion, which began on Thursday. Amid the conflict, images have emerged that appear to show abandoned Russian military vehicles in Ukraine.

Insider's live blog of the Russian invasion of Ukraine is covering developments as they happen.

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