Income of a taxpayer taxed at the source of payment
Income of a taxpayer taxed at the source of payment shall include:
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employee income;
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income from one-time payments;
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pension payments from pension savings funds;
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income in the form of dividends, interest, and winnings;
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stipends;
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income under savings insurance agreements.
Employee income taxed at the source of payment
Employee income taxed at the source of payment shall be income payable by an employer, less the amount of tax deductions provided for under Article 152 of this Code.
Employee income shall include any income paid by employers in monetary form or in kind, including income provided by an employer in the form of material and social benefits or other material gain.
In kind employee income
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In kind income received by an employee shall include:
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in kind labor compensation;
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goods received by an employee, work performed in an employee’s interest, or services provided to an employee free of charge;
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payment by an employer of the cost of goods (work, services) received by an employee from third parties.
The in kind income of an employee shall be the value of such goods (work, services), including the corresponding amount of value-added tax and excise taxes.
Employee income in the form of material gain
Income received by an employee in the form of material gain shall include, among other things:
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the negative difference between the value of goods (work, services) realized to employees and the purchase price or production cost of these goods (work, services);
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a debt or obligation owed by an employee to an employer which is written off by a decision of the employer;
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expenditures by an employer to pay insurance premiums under insurance agreements covering its employees;
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expenditures by an employer on reimbursement of an employee’s expenses that are not connected with his activity.
Income not taxed at the source of payment
A taxpayer’s income that is not taxed at the source of payment shall include the following types of income:
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property income;
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taxable income of an individual entrepreneur;
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income of attorneys and private notaries;
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other income defined in accordance with Article 170 of this Code.