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Updated VAT Registration Regulations effective from October 30: key changes and implications.

  • Updated provisions on VAT payer registration came into effect on October 30
  • State entities can voluntarily register as VAT payers during the creation or changes to their registration information
  • Changes were made to align with laws on taxation of international postal and express shipments, taxation of banks and other taxpayers, and improvement of online communication with taxpayers
  • Businesses can now voluntarily register as VAT payers during registration or changes to their information in the state registry
  • Operators of postal and express services are now included in the list of responsible parties for VAT payments
  • Changes also include clarification on VAT payer tax ID formation, cancellation of VAT registration decisions, and electronic issuance of VAT registry extracts
  • Technical corrections and improvements were made to registration forms and appendices
  • The order will come into effect upon official publication in the Official Gazette on October 31.

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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