- Taxable operations for VAT registration include those taxed at the main VAT rate of 20 percent, rates of 7 and 14 percent, zero rate, and those exempt from VAT.
- If the total amount from taxable operations exceeds 1000000 UAH in the last 12 months, registration as a VAT payer is required.
- This applies to operations conducted via local or global networks, including apps on digital devices.
- Exceptions include individuals who are single tax payers of the first to third groups.
- Voluntary registration is possible if the taxable operations are below the threshold.
- More information can be found in the tax clarification resources.
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.
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