- Operations of first supply of affordable housing and housing built with state funds are exempt from VAT
- Affordable housing includes those built with state support, such as residential buildings and apartments
- State support for construction or purchase of affordable housing is funded by state and/or local budgets
- Funds from the state budget for providing state support are used efficiently
- Conditions for applying VAT exemption include first-time supply of affordable housing, and construction or supply of housing with state support
- VAT exemption is only applicable if all conditions are met, proportional to the amount of state funds used
Source: od.tax.gov.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.
