The Main Directorate of the State Tax Service in Lviv Region advises that agricultural producers who switched from the simplified system of taxation, accounting and reporting to the general taxation system in 2022

Did not opt for a ‘special’ annual tax (reporting) period for corporation tax, which begins on 1 July 2022 and ends on 30 June 2023, and whose annual income from any activity (net of indirect taxes), as determined by the figures in the Statement of Financial Performance (Statement of Comprehensive Income) for 2022:

-exceeds 40 million hryvnias – in 2023, the following tax (reporting) periods for corporate income tax shall apply as calendar periods: quarter, half-year, three quarters, year.

-does not exceed 40 million hryvnias – in 2023, an annual tax (reporting) period shall apply, commencing on 1 January and ending on 31 December 2023.

Source: Main Directorate of the State Tax Service in Lviv Region