The Ministry of Finance and the State Tax Service of Ukraine published a clarification on taxation of crypto income as part of the "Taxes protect" campaign.

Tax rates and filing obligations

Residents who realise profits from crypto transactions must pay 18% personal income tax and a 5% military levy on those gains under current rules.

Taxpayers are required to submit an annual declaration via the electronic cabinet of the State Tax Service by 01.05., reporting income from crypto operations and calculating due amounts.

Practical example and distribution of receipts

For an annual crypto income of 96 000 UAH, the personal income tax equals 17 280 UAH, calculated at 18%.

• Of the 17 280 UAH tax, 3 629 UAH is transferred to the state budget.
• The remaining 13 651 UAH is allocated to the local budget.

Budgetary consequences

The ministry and the tax service warned that failure to pay taxes on crypto income reduces revenues available to finance the armed forces and public services.

Authorities framed the clarification as part of efforts to ensure compliance and to maintain funding levels for defence and state institutions.