Cancellation of double VAT collection when reselling cars and motorcycles

• Amendments have been made to the tax legislation regarding the taxation of resale of used cars and motorcycles.
• The tax base for VAT will be determined as the difference between the selling price (based on Article 105.3 of the Tax Code) including VAT and the purchase price when selling cars and motorcycles acquired from individuals for resale.
• When selling a car from one legal entity to another, the tax base will be determined as the difference between the selling price including VAT and the purchase price including tax, only if certain conditions are met.
• The seller must apply the general taxation regime at the time of purchase, and the previous owner must be an individual.
• The buyer must receive an invoice from the seller with the tax amount.

Source: garant.ru

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.

---

---