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Renting housing in Ukraine: how an individual entrepreneur legalizes income and what taxes they pay

Housing rental for individual entrepreneurs in Ukraine
Оформлення оренди житла в Україні: способи легалізації доходів для фізичних осіб-підприємців та податкові зобов'язання.

Inna, a junior teacher from Lutsk, found a way to make extra money by renting out an apartment in Ivano-Frankivsk. To avoid tax problems, she registered as a 2nd group individual entrepreneur, regularly submits tax declarations, and pays the corresponding taxes. Although she does not pay the unified social tax on this income, her example demonstrates the importance of contributing to the common treasury fund.

This story highlights the importance of adhering to tax legislation and timely tax payments that help ensure the functioning of various spheres of the socio-economic life of the country.

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