- Import VAT and exchange rate differences are not included when determining economic affiliation with a non-resident according to subparagraph 14.1.159 of the Tax Code of Ukraine.
- Only the actual value of goods, works, or services purchased is considered for this criterion.
- The criterion applies if purchases from a specific non-resident constitute 75% or more of all non-resident purchases and at least 50% of total purchases.
- Methodology for accounting and financial reporting is regulated by the central executive authority responsible for accounting policy in 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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