EBA Dnipro Financial & Tax Committee Meeting with the State Tax Service in the Dnipropetrovsk region.

22/ 12/ 2023

This week, the Financial and Tax Committee of EBA Dnipro, together with the State Tax Service in the Dnipropetrovsk region, held the final meeting of the year. During the event, the following relevant issues were discussed: Humanitarian aid and donations. Taxation in temporarily occupied territories. Tax relief. In the context of taxing humanitarian aid, donations, and any assistance, providing assistance in the form of monetary funds is not considered the supply of goods and services. Therefore, such transactions, in accordance with Article 185 of the Tax Code of Ukraine, are not subject to taxation. The Tax Code of Ukraine specifies that operations involving free, any monetary, material, or other forms of compensation in favor of the Armed Forces of Ukraine, National Guard of Ukraine, Security Service of Ukraine, Foreign Intelligence Service of Ukraine, State Border Guard Service, Ministry of Internal Affairs, and other institutions and organizations subject to the relevant tax regulation of the Tax Code, as well as military units, divisions, institutions, or organizations funded by state funds and taxed at a zero VAT rate, are not considered the supply of goods and services.

This week, the Financial and Tax Committee of EBA Dnipro, together with the State Tax Service in the Dnipropetrovsk region, held the final meeting of the year.

During the event, the following relevant issues were discussed:

Humanitarian aid and donations.
Taxation in temporarily occupied territories.
Tax relief.

In the context of taxing humanitarian aid, donations, and any assistance, providing assistance in the form of monetary funds is not considered the supply of goods and services. Therefore, such transactions, in accordance with Article 185 of the Tax Code of Ukraine, are not subject to taxation. The Tax Code of Ukraine specifies that operations involving free, any monetary, material, or other forms of compensation in favor of the Armed Forces of Ukraine, National Guard of Ukraine, Security Service of Ukraine, Foreign Intelligence Service of Ukraine, State Border Guard Service, Ministry of Internal Affairs, and other institutions and organizations subject to the relevant tax regulation of the Tax Code, as well as military units, divisions, institutions, or organizations funded by state funds and taxed at a zero VAT rate, are not considered the supply of goods and services.