- The Main Department of the State Tax Service in the Odessa region has published information regarding the inclusion of VAT amount in determining the tax base for corporate income tax.
- According to Article 42 of the Tax Code of Ukraine, the taxpayer uses accounting data and financial statements to calculate the tax base for corporate income tax.
- The inclusion of VAT amount in the tax base calculation is done in accordance with paragraph 44.2 of the Tax Code of Ukraine.
- The taxpayer takes into account the revenues, expenses, and financial results before taxation when determining the tax base.
- This information was published on October 6, 2023, at 15:06 by the Main Department of the State Tax Service in the Odessa region.
Source: od.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.
