- If the conditions of a sales contract are not met and the parties agree to terminate reciprocal homogeneous claims, this operation is considered equivalent to the termination of supply agreements for tax purposes. The tax obligations for the supply of goods/services arise on the date of the earliest event: either the receipt of payment or the shipment of goods. The tax credit is determined by the earlier of the payment date or the receipt of goods/services. The tax credit for the reporting period is based on the contractual value and includes taxes paid during that period, regardless of whether the goods/services are used in taxable operations.
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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