Factoring transactions are not subject to VAT if the object of the debt are currency values, securities, including compensation securities (certificates), investment certificates, fixed-income mortgage certificates, operations on assignment of the right to claim mortgage loans (loans), housing checks, vouchers and derivatives. Other factoring transactions are subject to VAT.
Source: visnuk.com.ua
Latest Posts in "Ukraine"
- Ukraine Plans VAT for Entrepreneurs, Ends Parcel Exemptions: Impact on Business and Consumers
- VAT Registration Cancellation: Rules, Application Procedure, and Key Deadlines for Taxpayers
- How to Correct VAT Invoice Errors When Buyer Turns Out to Be a VAT Payer?
- Calculation of Supply Volume for VAT Registration under Commission Agreements in Ukraine
- VAT Deregistration: What Happens to the Cash Method for Tax Obligations?
