- When calculating the threshold for mandatory VAT registration, both the value of goods/services supplied/received under commission agreements and the commission fee must be included.
- A commission agent acts in their own name but at the expense of the principal, and the commission service itself is considered a taxable supply.
- VAT registration is required if the total taxable supply of goods/services exceeds 1,000,000 UAH (excluding VAT) in the last 12 months, except for single tax payers of the first to third groups.
- Only operations that are subject to VAT (including standard, zero, 7%, 14% rates, and exempt operations) are counted towards the registration threshold; non-taxable operations are excluded.
- The calculation must follow the definitions and rules set out in the Tax Code of Ukraine.
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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