On November 17, the Committee on Finance, Tax and Customs Policy, at its meeting by video conference, considered in the second reading the draft Law “On Amendments to the Tax Code of Ukraine on State Support in Sports” (№ 4577 ).
The project proposes to introduce a reduced rate of value added tax of 7% in the taxation of transactions for the sale of tickets for sporting events of national and international level, which are held in Ukraine.
Source: visnuk.com.ua
Latest Posts in "Ukraine"
- How Contractors Can Opt Out of Cash Method for VAT in Construction Contracts
- VAT Taxation Procedure for Sale of Pledged Property by Non-Financial Creditors in Ukraine
- VAT Implications for Resident Buyers Receiving Credit Notes as Monetary Rewards from Non-Residents
- VAT Exemption on Pawned Property Sales by VAT Payers: Conditions and Regulations Explained
- Adjustment of Tax Liabilities and Credits in VAT Declaration for Reporting Period
