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Software development services: should they be subject to VAT?

Operations for the supply of software products, as well as operations with software products that are not royalties under paragraphs. 14.1.225 st. 14 of the TCU, are exempt from VAT on the basis of paragraph 26 1 of subsection 2 of section XX of the TCU. As for software development services, according to the tax service, the VAT consequences depend on whether the transfer of intellectual property rights is the result of such development or not. This is emphasized in the IPC from 17.08.2020 № 3390 / IPK / 99-00-05-06-02-06 .

Source: visnuk.com.ua

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