- Failure to register as a VAT payer when required results in liability based on the nature of the violation.
- The registration process is governed by specific articles of the Tax Code of Ukraine and regulations from the Ministry of Finance.
- A registration application must be submitted by the 10th of the month following the month when taxable operations reach a certain volume.
- The controlling authority may refuse registration if the applicant does not meet specific requirements or if there are grounds for cancellation.
- If the deadline falls on a non-working day, the next working day is considered the last day for submission.
- Registration involves verifying data from official databases, and incomplete or incorrect applications require resubmission.
- Unregistered individuals liable for VAT must pay taxes as if registered but cannot claim tax credits or refunds.
- The controlling authority must determine tax obligations if declarations are not submitted on time.
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.
