- The free distribution of products may be subject to VAT taxation. If the value of freely transferred goods with VAT is included in taxable transactions, no VAT liability is accrued. If the value is not included in taxable transactions, the transfer of goods is subject to VAT taxation. The taxpayer must issue two tax invoices and register them in the Unified Register of Tax Invoices.
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.
Latest Posts in "Ukraine"
- Is Obtaining a VAT Payer Extract Mandatory in Ukraine?
- How Contractors Can Opt Out of Cash Method for VAT in Construction Contracts
- VAT Taxation Procedure for Sale of Pledged Property by Non-Financial Creditors in Ukraine
- VAT Implications for Resident Buyers Receiving Credit Notes as Monetary Rewards from Non-Residents
- VAT Exemption on Pawned Property Sales by VAT Payers: Conditions and Regulations Explained
