- Taxable transactions for VAT registration purposes include the supply of goods/services exceeding 1,000,000 UAH within 12 months, excluding VAT, as per the Tax Code of Ukraine. This includes online transactions. Voluntary registration is possible if the threshold is not met. Taxable transactions are subject to VAT rates of 20%, 7%, 14%, 0%, or are exempt.
Source: od.tax.gov.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"
- Is Obtaining a VAT Payer Extract Mandatory in Ukraine?
- How Contractors Can Opt Out of Cash Method for VAT in Construction Contracts
- VAT Taxation Procedure for Sale of Pledged Property by Non-Financial Creditors in Ukraine
- VAT Implications for Resident Buyers Receiving Credit Notes as Monetary Rewards from Non-Residents
- VAT Exemption on Pawned Property Sales by VAT Payers: Conditions and Regulations Explained