A similar procedure for taxation in obtaining property as a gift from the family members of the donor of the first and second degrees of kinship. At the same time, it should be noted that for the application of the said taxation procedure between the gifted and the donor must be contracted in accordance with the norms of the Civil Code of Ukraine.

In this case, it is not necessary to file an annual tax return on the property status and income (hereinafter - the annual tax return) - in the absence of other grounds, when the submission of the declaration is mandatory. For example, the taxpayer received income from the sale of corporate rights of an enterprise and inherited immovable property, in which case the annual tax return must be filed.

Taxation of income received by the taxpayer as a result of his inheritance or gift of funds, property or non-property rights is carried out in accordance with the procedure established by art. 174 of the IV Tax Code of Ukraine.