The Main Department of the State Tax Service in Kyiv draws attention to the fact that taxable transactions for VAT purposes include transactions subject to taxation at the basic rate of 20 percent, rate 7 and 14 percent, zero VAT rate and exempt (conditionally exempt) from VAT.
In accordance with paragraph 181.1 of Art. 181 of the Tax Code of Ukraine (hereinafter – TCU), if the total amount of transactions for the supply of goods / services subject to taxation, including the use of local or global computer network, accrued (paid) to such a person during the last 12 calendar months, a total of more than 1,000,000 hryvnias (excluding value added tax), such a person is obliged to register as a taxpayer with the controlling authority at his location (residence) in compliance with the requirements of Art. 183 TCU, except for the person who is the payer of the uniform tax of the first – the third group.
If a person who in accordance with paragraph 181.1 of Art. 181 TCU is not a taxpayer due to the fact that the amount of taxable transactions is absent or less than the established amount, considers it appropriate to voluntarily register as a taxpayer, such registration is carried out at her request (paragraph 182.1 of Article 182 TCU).
According to sections V and XX of the TCU, taxable transactions for the supply of goods / services include transactions subject to taxation at the basic VAT rate of 20 percent, rates of 7 and 14 percent, zero VAT rate and exempt (conditionally exempt) from VAT.
Source: gov.ua
