Ukraine still has no special tax regime for virtual assets, so standard income rules apply to profits from crypto sales.
Income is taxed at 18% personal income tax plus a 5% military levy, totaling 23%.
Tax liability arises only when income is actually received, such as selling crypto for money or converting to cash or a card.
Individuals must file an annual declaration by May 1 and pay the calculated tax by August 1.
Simply holding crypto in a wallet does not create a tax obligation, while swaps or sales that generate income may.
Taxpayers should keep records of transactions, purchase prices, and proceeds to correctly calculate taxable income.
