- The recipient of services from a non-resident non-VAT payer is responsible for calculating and paying VAT to the budget if the place of supply is within Ukraine.
- The tax liability arises on the earlier of the payment date or the date of the document confirming the supply of services.
- The VAT calculation is submitted for the reporting period in which the first event (payment or document) occurs.
- The recipient independently calculates the VAT amount and reports it in tax documentation, ensuring consistency with accounting records.
- Taxpayers must maintain records based on primary documents and accounting registers for tax purposes.
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"
- VAT Successor’s Right to Tax Credit After Reorganization: Key Points and Restrictions
- No VAT Re-registration Required for Street, City, or Postal Code Name Changes in Ukraine
- VAT on Personnel Supply Services: Taxation Depends on Recipient’s Registration Location, Says Tax Authority
- Are Funds from Rounding under NBU Coin Circulation Rules Included in VAT Tax Base?
- Are Insurance Payment Transactions Subject to VAT Taxation in Ukraine?
