- VAT payers with over 20% of uncollected funds from export operations apply a VAT rate of 14% or 20%
- Tax authorities note that operations involving the export of certain goods are taxed according to specific provisions in the Transitional Provisions of the Tax Code of Ukraine
- The calculation of the uncollected funds percentage and the list of qualifying taxpayers are determined by the Cabinet of Ministers of Ukraine
- According to a resolution by the Cabinet of Ministers, the State Fiscal Service calculates this percentage monthly using data from the State Customs Service and the National Bank
- Taxpayers exceeding the 20% threshold of uncollected funds apply a VAT rate corresponding to the rate for domestic transactions of certain goods (14% or 20%)
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.
