- Return of fixed assets previously contributed to the statutory capital of a legal entity by other legal or natural persons is subject to VAT at the standard rate
- The operation of returning fixed assets previously contributed to the statutory capital of a legal entity by other legal or natural persons, in case of their exit from the founders, is subject to VAT on general grounds at the standard rate
- According to the Tax Code of Ukraine, the object of taxation is operations of taxpayers supplying goods located on the customs territory of Ukraine
- Supply of goods includes any transfer of the right to dispose of goods as an owner, including exchange
- Therefore, the operation of returning fixed assets previously contributed to the statutory capital of a legal entity by other legal or natural persons, in case of their exit from the founders or participants of such legal entity, falls under the definition of the object of VAT taxation and should be taxed at the standard rate.
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.
