| Return |
Periods of Depreciation for Groups of Assets | ||
Category | Sample Assets | Period of Depreciation (Years) |
1 | Computers and cars | 4 |
2 | Machinery, trucks, and furniture | 8 |
3 | Railfreight vehicles and patents | 15 |
4 | Pipelines, energy equipment, and wooden buildings | 30 |
5 | Other buildings | 50 |
Depreciation Rates Applied for the Straight-Line Method Rates | |||
Category | First Year (%) | Subsequent Years(%) | Increases in Value(%) |
1 | 14.2 | 28.6 | 25.0 |
2 | 6.2 | 13.4 | 12.5 |
3 | 3.4 | 6.9 | 6.7 |
4 | 1.4 | 3.4 | 3.4 |
5 | 1.0 | 2.0 | 2.0 |
| Rates of Monthly Contributions to Insurance and Employment Funds | |||
| Fund | Employees' Contributions(%) | Employers' Contributions(%) | Persons with Independent Earnings(%) |
| Health insurance | 3.7 | 10.0 | 13.7 |
| Hospital insurance | 1.4 | 4.4 | 5.8 |
| Old age pension | 5.9 | 20.6 | 26.5 |
| Employment | 1.0 | 3.0 | 4.0 |
| Withholding Tax Rates for Treaty Countries | |||||
| Dividends | |||||
| Country of Recipient | Major Rate(%) | Minor Rate(%) | Major Holding(%) | Interesta (%) | Royalties (%) |
| Austria | 10 | 10 | - | - | 5b |
| Belgium | 15 | 15 | - | 10 | 5b |
| Brazil | 15 | 15 | - | 15c | 15d |
| Canada | 10 | 15 | 10 | 10 | 10b |
| China (People's Republic of) | 10 | 10 | - | 10 | 10 |
| COMECON countries | - | - | - | - | - |
| Cyprus | 10 | 10 | - | 10 | 5b |
| Czech Republic | 5 | 5 | 25 | - | 5 |
| Denmark | 15 | 15 | - | - | 5b |
| Finland | 5 | 15 | 25 | - | 5b |
| France | 10 | 10 | - | - | 5b |
| Germany | 5 | 15 | 25 | - | 5 |
| Greece | 15 | 15 | - | 10 | 10 |
| India | 15 | 25 | 25 | 15 | 25 |
| Italy | 15 | 15 | - | - | 5b |
| Japan | 10 | 15 | 25 | 10 | 10b |
| Luxembourg | 5 | 15 | 25 | - | 10b |
| Netherlands | - | 10 | 25 | - | 5 |
| Nigeria | 12.5 | 15 | 25 | - | 5 |
| Norway | 5 | 15 | 25 | - | 5b |
| Spain | 5 | 15 | 25 | - | 5e |
| Sri Lanka | 15 | 15 | - | - | 10b |
| Sweden | - | 10 | 25 | - | 5b |
| Tunisia | 10 | 15 | 25 | - | 5/15 |
| United Kingdom | 5 | 15 | 25 | - | 10b |
| United States | 5 | 15 | 10 | - | 10b |
| Yugoslaviaf | 5 | 15 | 25 | - | 10 |
| a. Under some treaties, certain types of interest are exempt, including interest paid by governments, interest paid to governments or government institutions, and interest on government securities. | |||||
| b. Copyright royalties, including film royalties, are exempt. | |||||
| c. A 10% rate applies to loans and debts provided by banks for a period of at least 10 years in association with the sale of industrial equipment or the study, installation, or furnishing of industrial or scientific units, or in association with public works. | |||||
| d. A 25% rate applies to trademark royalties. | |||||
| e. Copyright royalties, excluding film royalties, are exempt. | |||||
| f. The application of this treaty is uncertain. | |||||
Personal Income Tax Rates | ||
Level of Taxable Income (Sk) | Rate Applicable to Level (%) | Cumulative Tax on Upper Limit of Level (Sk) |
Up to 60,000 | 15 | 9,000 |
60,0001– 120,000 | 20 | 21,000 |
120,001– 180,000 | 25 | 36,000 |
180,001– 540,000 | 32 | 151,200 |
540,001–1,080,000 | 40 | 367,200 |
Over 1,080,000 | 42 | — |
| Level of Taxable Income (SlT) | Rate Applicable to Level (SlT) |
| Up to 450,000 | 17% |
| 450,001– 900,000 | 76,500 + 35% on excess over 450,000 |
| 900,001–1,350,000 | 234,000 + 37% on excess over 900,000 |
| 1,350,001–1,800,000 | 400,500 + 40% on excess over 1,350,000 |
| 1,800,001–2,700,000 | 580,500 + 45% on excess over 1,800,000 |
| Over 2,700,000 | 985,500 + 50% on excess over 2,700,000 |
Sales Tax Rates | |
Type of Supply Rate | (%) |
| Goods: Most goods (standard rate) | 20 |
| Construction materials, energy saving products, environmentally safe products, and so forth | 10 |
| Food, books, equipment, and so forth | 5 |
| Luxury goods such as jewelry, carpets, and cosmetics | 32 |
| Services: Most services (standard rate) | 5 |
| Construction services, leasing of equipment, and so forth | 3 |
| Transfers of securities | 0.1 |
| Gambling and telephone services | 20 |
Social Security Rates | ||
| Type of Contribution | Employer (%) | Employee (%) |
| Pension and disability insurance | 15.5 | 15.5 |
| Health care | 6.1 | 6.1 |
| Employment | 0.4 | 0.4 |
| Work-related accident insurance | 0.5 | — |
| Maternity leave | 0.1 | 0.1 |
| Total | 22.1 | 22.1 |
Tax on Profit Rates | |
Type of Activity Rate | (%) |
| Standard rate (most activities) | 30 |
| Activities of agricultural enterprises that provide agricultural production services | 15 |
| Intermediary and auction activities | 45 |
| Gambling activities and audience performances | 60 |
Personal Income Tax Rates | |
| Monthly Level of Taxable Income (URK) | Rate Applicable to Level (URK) |
| Up to 1,400,000 | Exempt |
| 1,400,001– 7,000,000 | 10% on excess over 1,400,000 |
| 7,000,001–14,000,000 | 560,000 + 20% on excess over 7,000,000 |
| 14,000,001–21,000,000 | 1,960,000 + 30% on excess over 14,000,000 |
| 21,000,001–35,000,000 | 4,060,000 + 40% on excess over 21,000,000 |
| Over 35,000,000 | 9,660,000 + 50% on excess over 35,000,000 |
Slovakia
Withholding Tax Rates for Treaty Countries | |||
Country of Recipient | Dividends (%) | Interest (%) | Royalties (%) |
| Austria | — | — | — |
| Belarusa | 15 | 10 | 15 |
| Belgium | 15 | 15 | — |
| Canada | 15 | 15 | 10 |
| COMECON countries | — | — | — |
| Cyprus | — | — | — |
| Denmark | 15 | — | — |
| Finland | — | — | — |
| France | 15 — — | 15 — — | 15 — — |
| Germany | 15 | 5 | — |
| India | 15 | 15 | 15 |
| Italy | 15 | — | — |
| Japan | 15 | 10 | 10 |
| Malaysia | 15 | 15 | 10 |
| Netherlands | 15 | — | — |
| Norway | 15 | — | — |
| Polanda | — | — | — |
| Spain | 15 | — | 5 |
| Sweden | 15 | — | — |
| Switzerland | 15 | 15 | 15 |
| United Kingdom | 5 or 10b | — | — |
| United States | 15 | — | — |
| a. The treaty is not yet in effect but has been signed and ratified by Ukraine. b. According to the convention between the United Kingdom and Ukraine, dividends are taxable as follows: — Five percent of the gross amount of the dividends is taxed if the beneficial owner is a company that controls, directly or indirectly, the company paying the dividends; in the case of Ukraine, such control is signified by ownership of at least 20% of the authorized capital in the company paying the dividends. — Ten percent of the gross amount of the dividends is taxed in all other cases. | |||
Breakdown of Payroll Taxes | |
Type of Fund Rate | (%) |
| Social security | 4.44 |
| State pension | 32.56 |
| State fund for the Chernobyl disaster | 12.00 |
| State employment fund | 3.00 |
Total | 52.00 |
| Return |
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