- The tax credit can be formed based on an invoice issued and registered in 2021 within 1095 calendar days by submitting an adjustment calculation to the VAT tax return for previous reporting periods. The tax relations are governed by the Tax Code of Ukraine. The legal basis for VAT taxation is established in the Tax Code, which requires the electronic issuance and registration of tax invoices. The tax credit is determined by the contractual value of goods/services and includes taxes paid during the reporting period. The date for including tax amounts in the tax credit is the earlier of the payment date or the receipt of goods/services. Tax amounts not confirmed by registered tax invoices or customs declarations are not included in the tax credit.
Source: kyiv.tax.gov.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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