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Under what conditions are VAT payers entitled to receive budgetary compensation?

The head office of the DPS in the Odesa region informs that according to clause 200.1 of Art. 200 of the Tax Code of Ukraine (as amended, hereinafter referred to as the Tax Code), the amount of tax payable (transferred) to the State Budget of Ukraine or budget compensation is defined as the difference between the amount of the tax liability of the reporting (tax) period and the amount of the tax credit of such reporting ( tax) period.

Source: od.tax.gov.ua

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