Wednesday, March 09, 2022

5447 - No need to declare captured Russian tanks, other equipment of invaders as income – NAPC


Here's a funny note from the Ukraine NPAC to the farmers hauling away Russian tanks. I hope it's still funny a year from now.




Ukraine's National Agency for the Protection against Corruption (NAPC) has declared that captured Russian tanks and other equipment are not subject to declaration.

"Have you captured a Russian tank or armored personnel carrier and are worried about how to declare it? Keep calm and continue to defend the Motherland! There is no need to declare the captured Russian tanks and other equipment, because the cost of this ... does not exceed 100 living wages (UAH 248,100)," NAPC's press service said.

Also, there is no need in this case to submit reports of significant changes in property status within 10 days.

"Speaking by the letter of the law, combat trophies are not subject to reflection in the declaration for the following reasons: they were acquired not as a result of the conclusion of any type of transaction, but in connection with the full-scale aggression of the Russian Federation on February 24, 2022, against the independent and sovereign Ukrainian state as a continuation the insidious attack of the Russian Federation on Ukraine launched in 2014. Thanks to the courage and victory of the defenders of the Ukrainian state, enemy military equipment usually comes to you already destroyed and disabled, which makes it impossible to evaluate it in accordance with the law On the valuation of property, property rights, and professional valuation activities in Ukraine. Therefore, it is also impossible to find out how much such property costs,” the NACP said.

At the same time, the NACP continues to ensure the technical possibility of providing notifications of significant changes in the property status for the acquisition of objects seized from the Russian army, if there is a desire to declare same.


12 comments:

Kirk said...

Well, I hope the IRS takes notice if this country is ever invaded by a former power.

Mike said...

Kirk - We can always dream.

Bilbo said...

If this were an IRS ruling, there would be at least two new forms (depending on the condition of the captured equipment), plus a long and complex calculation requiring a lawyer, tax accountant, and CPA to figure out, after which the claim will be denied.

Mike said...

Bill - Plus a police report in case the previous owner wants to reclaim their property.

Kathy G said...

I hope the farmers can find a good use for their new tanks.

Mike said...

Kathy - I wonder how much a scrap tank is worth?

Susan Kane said...

Maybe the tanks can be repurposed to be a granny flat?

Mike said...

Susan - That would be more like a granny jail.

allenwoodhaven said...

Brilliant!

Mike said...

Allen - I think we could buy a tank, cheap. Shipping and handling could get expensive though.

River said...

I'm wondering what on earth I would do with a tank should I ever somehow get one. I'd paint it a nicer colour to start with and maybe use it for storage, fill it with non-perishable supplies.

Mike said...

River - I hope we never have to think about that.