VAT Obligations on Real Estate Sales Arise on the Earlier of Two Key Dates

• VAT obligations for the sale of real estate arise on the date of the earliest event.
• This can be either the date of receipt of funds from the buyer or the date of the document certifying the transfer of ownership.
• According to paragraph 187.1 of Article 187 of the Tax Code of Ukraine, tax obligations for the supply of goods/services arise on the date that falls within the tax period during which any of the earlier events occur.
• Events determining the date of tax obligations:
• Date of receipt of funds from the buyer into the taxpayer’s account.
• Date of shipment of goods or customs declaration for export.
• Date of the document certifying the provision of services.
• For electronic documents, the date of issuance is considered the date specified in the document as the date of its creation.

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.

---

---