VAT Calculation Rules for Sale of Goods with Zero Book Value in Ukraine

• The VAT tax base for the supply of goods/services cannot be lower than their purchase price, as per the Tax Code of Ukraine (PCU).
• The sale of goods includes any transfer of ownership rights, including sale, exchange, donation, or court decisions, and applies to both paid and free-of-charge transactions.
• The VAT invoice form and the taxpayer data table are regulated by specific Ministry of Finance orders and government resolutions.
• The VAT tax base is determined by the contractual value of goods/services, including national taxes and fees, except for certain specified taxes.
• Detailed procedures for VAT invoice registration, blocking, and penalties for late registration are available on the referenced website.

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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