- Operations providing charitable assistance are exempt from VAT taxation in Ukraine.
- Charitable organizations formed and registered according to the legislation are eligible for VAT exemption.
- Free supply of goods/services to charitable organizations is exempt from VAT.
- Charitable assistance in the form of excisable goods, securities, intangible assets, and goods/services for business use are not exempt from VAT.
- Marking rules apply to goods received as charitable assistance from domestic donors.
- Control over marking compliance is carried out by local executive authorities and supervisory bodies.
- Charitable assistance can be provided in the form of goods, works, and services for use by legal entities.
- Recipients of charitable assistance determine the scope of beneficiaries and inform the donor of their intention to accept the proposed assistance.
- Recipients of charitable assistance maintain accounting records and submit reports according to the instructions provided by the central executive authority responsible for statistics.
- Control over the receipt, storage, distribution, and targeted use of charitable assistance is carried out by local executive authorities and supervisory bodies.
- Marked goods received for the purpose of charitable assistance and any proceeds from their supply are subject to confiscation if obtained through dishonest means.
- Operations involving excisable goods, securities (except endowments), intangible assets, and goods/services for business use are not exempt from VAT.
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.
