- The company can claim a VAT credit based on a tax invoice from the equipment supplier, provided it is properly registered.
- If payment for the equipment is made by a third party (not directly by the company), the company must accrue VAT liabilities according to Article 198.5 of the Tax Code.
- Targeted funding for equipment purchase can come from both the budget and charitable organizations, and may be transferred either to the company or directly to the supplier.
- The obligation to accrue VAT liabilities arises if the payment is made by a third party under a tripartite agreement.
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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