- When a taxpayer is deregistered, the recalculation of the VAT usage ratio for goods/services is done in the final reporting period based on actual taxable and non-taxable transactions from the start of the year to the deregistration date.
- The VAT usage ratio is calculated as the percentage of taxable transactions to total transactions (taxable and non-taxable) from the previous calendar year and is applied throughout the current year.
- If there were no non-taxable transactions in the previous year or for new taxpayers, the ratio is calculated based on actual data from the first reporting period with such transactions.
- The calculation must be submitted to the tax authority together with the tax declaration for the relevant period.
- The recalculated ratio is used to adjust VAT obligations as specified by the tax code.
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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