- If funds received from UNICEF by a taxpayer are not compensation for goods or services directly supplied by the taxpayer, there are no VAT tax implications for the recipient
- Tax relationships are governed by the norms of the Tax Code of Ukraine
- VAT taxation legal foundations are established in specific sections of the Tax Code of Ukraine
- VAT taxable objects include taxpayer operations involving the supply of goods or services located within Ukraine’s customs territory
- Supply of goods involves any transfer of ownership rights including sale, exchange, or donation, as well as court-ordered supplies
- Supply of services includes any operation that is not a supply of goods, transfers of intellectual property rights, and other intangible assets or provision of other property rights related to such intellectual property
- Therefore, VAT taxable objects are operations involving the supply of goods or services, not the receipt of funds
- If funds from UNICEF are for the payment of goods or services supplied or to be supplied by the taxpayer, such funds are included in the VAT tax base
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.
