- Transfer of pledged property to the pledge holder for loan repayment is considered as a supply of goods
- The pledge holder has the right to satisfy their claims in full, including interest, damages, and necessary expenses
- The sale of pledged property is carried out by a state or private executor based on a court order
- Pledged property can be sold at auctions, including electronic auctions
- The right of pledge is terminated when the pledge holder acquires ownership of the pledged property
- Operations related to the acquisition of ownership of pledged property are considered as purchase operations
- The supply of goods includes any transfer of ownership rights, including sales, exchanges, or gifts
- The taxable base for supply operations is determined based on the contractual value, excluding certain taxes and fees
- The taxable base cannot be lower than the purchase price of the goods or services
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.
