Bill on taxation of digital platforms won’t affect real estate rentals through OLX
The leasing of real estate is classified as a reportable activity under Bill No. 15111, but the proposed regulation does not apply to OLX in this category, OLX's press service told Interfax-Ukraine.
The company explained that an important characteristic of reporting activity is the provision of the service online or physically (offline) after it is provided through the platform. In accordance with subparagraph 14.1.286.1 of the bill, the term "platform" does not include software that, without any further intervention in the implementation of reporting activities, solely provides information about reporting activities or their advertising to users.
"OLX, in the context of real estate rentals, operates solely as a classifieds platform: the platform provides the opportunity to post an ad, but does not facilitate transactions related to the rental of property, and does not have information about the fact of the transaction or its amount.
"Therefore, OLX exclusively provides information on reporting activities without any further interference in their implementation and, in accordance with subparagraph 14.1.286.1, does not fall under the definition of a platform for which the bill establishes new regulations," the press service noted.
As reported, on March 10, the Verkhovna Rada rejected a bill on taxation of income through digital platforms, which garnered only 168 votes out of the required 226.
On March 30, the Cabinet of Ministers adopted and submitted to the Verkhovna Rada a new bill, ‘On amendments to the tax code and the law on banks and banking activities to implement the international automatic exchange of information on income received through digital platforms’ (No. 15111). According to the bill, income from real estate and vehicle rental services, personal services, and the sale of goods received by an individual through digital platforms in the amount of up to 834 minimum wages (approximately UAH 7.2 million as of 2026) will be taxed at a rate of 5%, instead of the current personal income tax rate of 18%. To do this, a special account must be opened for such activities and notified to the digital platform operator, who, according to the bill, will act as the tax agent.
The bill also establishes that an individual seller's income from the sale of goods through platforms is not included in taxable income if its total amount for the reporting year does not exceed the equivalent of EUR 2,000. There is no requirement to open a current bank account for reporting purposes, and the accountable seller has the right to use existing current bank accounts opened for their own needs.
Representatives of the OLX platform previously told Interfax-Ukraine that they believe it is necessary to revise the requirement for digital platform operators to be tax agency operators when selling goods, as such a requirement is absent from European legislation.
