On May 6, Law No. 3050-IX, signed by the President, on tax exemption for real estate destroyed or damaged as a result of russian aggression, came into force.

The Law provides that the suspension of the accrual and payment of tax on destroyed or damaged real estate (except land) starts from the month in which the real estate acquired such a condition.

The supporting documents are the acts drawn up based on the results of the inspection of such property by a state or local government body.

Also, starting from 1 January 2023, the tax shall not be accrued and paid on real estate located in the territory of active hostilities or temporary occupation (for the period from the first day of the month in which the date of the beginning of active hostilities or temporary occupation was determined in respect of the relevant territories to the last day of the month in which hostilities or temporary occupation in the relevant territory ended).