LAW OF UKRAINE

of July 3, 1992 No. 2535-XII

About payment for the earth

This Law determines the sizes and procedure for payment for use of land resources, and also responsibility of payers and control of correctness of calculation and collection of the land tax.

Section 1 GENERAL PROVISIONS

Article 1. In this Law the stated below terms are used in the following value:

money value - the capitalized investment income from the parcel of land;

tax - the obligatory payment levied from legal entities and physical persons for use of the parcels of land;

tax rate - legislatively certain annual amount of payment for the unit area of the taxable parcel of land;

lease - the urgent paid ownership based on the agreement, use of the parcel of land;

the earth of agricultural purpose - the lands provided for production of agricultural products, implementation of agricultural research and educational activities, placement of the corresponding production infrastructure or intended for these purposes;

the earth of housing and public estate - the parcels of land within settlements which are used for placement of the housing estate, public buildings and constructions, other common use facilities.

Article 2. Use of the earth in Ukraine is paid. The payment for the earth is levied in the form of the land tax or the rent, determined depending on money value of lands. The amount of tax for the parcels of land which money value is not established is determined before its establishment according to the procedure, determined by this Law.

Owners of the parcels of land, land shares (shares) and land users, except lessees, and investors - agreement parties about the Section of products pay the land tax.

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