- Return of assets previously contributed to share capital is subject to VAT at the standard rate.
- This applies when founders exit the group of founders or participants.
- According to tax code, the supply of goods includes any transfer of ownership rights.
- The operation is considered a taxable supply of goods within Ukraine’s customs territory.
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.
Latest Posts in "Ukraine"
- Parliament May Pass Major VAT and E-Commerce Tax Bill as Early as April 2026
- Personal Use of Work Phones: VAT Liabilities if Business Purpose Not Confirmed by Employer
- Major Tax Bill on VAT for Sole Proprietors and OLX Tax May Pass in April 2026
- VAT Accounting for Lessee When Guarantee Payment Is Refunded: Key Tax Credit Adjustments
- Improving VAT Data Submission: Online Meetings Between Tax Authorities and Odesa Business Community
