- VAT is not charged on the sale of pledged property by a pawnshop if the property was pledged by non-VAT payers.
- The law allows the pledgee to satisfy claims using pledged property, including interest and damages.
- Taxable operations include the supply of goods within Ukraine, including free transfers and transfers of ownership.
- Banks and financial institutions are exempt from VAT on the sale of property acquired through foreclosure if pledged by non-VAT payers.
- Exemption applies to the value of property acquired to settle credit obligations.
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.
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