- If a VAT payer transfers goods for free that were previously received for free (purchase and supply price are zero), the VAT tax base is zero.
- Free transfer of goods by a VAT payer (including to employees) is generally subject to VAT unless exceptions apply.
- The VAT tax base is determined by the contractual value, which cannot be lower than the purchase price.
- If both the purchase and supply price are zero, the VAT tax base is also zero according to the 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.
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