- The VAT taxation of selling a non-residential property with land depends on whether the land value is determined separately or together with the property.
- If the land value is separated from the property value, the sale of the property is subject to VAT, while the sale of the land is VAT-exempt.
- If the land and property values are not separated (one total value), VAT is charged on the entire transaction amount.
- Taxpayers must keep proper documentation and cannot base tax reporting on unconfirmed data.
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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