#Real Estate Tax

News tagged with #Real Estate Tax

Handing over house keys: a symbol of property ownership change in the context of Ukraine's tax reform

Real Estate Tax Reform in Ukraine: Why the Area-Based System Fails and What Awaits Owners in 2026

Economy 08/06/2026, 19:29
🏠 In 2026, the real estate tax in Ukraine brings only 2.2% of all revenue to local budgets. 6.1 billion UAH was collected in 6 months. ⚖️ Why the system doesn't work? The current model takes into account only the area, not the cost. An apartment owner in the center and in a village pays the same for "extra" meters. This is recognized as unfair even in the Verkhovna Rada. 📉 Reform is overdue The transition to assessment by market value was planned for 2024–2025, but the key Cabinet of Ministers resolution has not been adopted. The State Property Fund admits the delay. 🔮 What will happen next? The new model is supposed to appear by 2027–2028, but deadlines are under threat. Owners of elite housing should prepare for a tax increase if the reform does take place.
Read more →