- Sales of children’s holiday gifts and tickets to New Year’s events for children are exempt from VAT.
- The exemption applies to sales by production and trading enterprises.
- The exemption period is from November 15th to January 15th of the following year.
- Purchases made using funds from the Social Insurance Fund, trade union committees, and other non-profit organizations are also exempt.
- Tax paid by gift manufacturers for the purchase of raw materials is considered a gross expense and is not included in the tax credit.
Source: news.dtkt.ua
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
