- Operations involving the payment of insurance premiums are not subject to VAT.
- Insurance and reinsurance services are not VAT taxable if provided by licensed entities.
- Payment or receipt of insurance payments does not affect VAT tax credit or liabilities for either the insured or the insurer.
- Definitions of insurance payment, insurance sum, and insurer are provided according to Ukrainian law.
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"
- Purchasing Goods from Non-VAT Payers: How to Fill in the Data Table Correctly
- Who Qualifies for Ukraine’s 7% VAT Rate? Key Sectors and Goods Explained
- Ukraine to Reinstate Taxes on Electric Vehicles in 2026: Impact on Prices and Market Explained
- Ukraine Proposes Easier Tax Inspections, Raises VAT Thresholds for Small Businesses
- Are Medical Examination Services Subject to VAT in Ukraine? Taxation Rules and Exemptions Explained
