VAT Accounting for Theft of Inventory and Fixed Assets in 2026

If inventory/stock goods (TMC) are stolen and can no longer be used in business, VAT liabilities must be accrued under Art. 198.5 of the Ukrainian Tax Code.
The VAT liability for stolen TMCs must be recognized in the reporting period when the theft is established; a consolidated VAT invoice must be prepared by the last day of that period and registered in the VAT register.
If theft of fixed assets is properly documented under law, no VAT liabilities arise, because the asset is treated as unusable for its original purpose and not as a supply of goods.

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.