- Payment of insurance premiums is not subject to VAT
- Operations related to insurance services are not subject to VAT
- Insurance payment is the money paid by the insurer in case of an insured event
- Insurance sum is the amount within which the insurer is obligated to make an insurance payment
- Insurer is a financial institution or a branch of a non-resident insurer authorized to operate in Ukraine
- Payment of insurance premiums is not subject to VAT and does not affect tax credits or obligations for insured individuals or insurance companies
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.