Value-added tax (VAT) applies to the supplies of goods and services, where the place of supply is within the customs territory of Ukraine as well as import of goods into Ukraine and export of goods from Ukraine.
The standard 20% rate of VAT applies to all supplies of goods and services falling within the scope of VAT, unless the law provides a zero rate, 7% rate or VAT exemption for a specific transaction.
In the first І quarters of 2016 the revenues of the common fund of the state budget from VAT on goods (works and services) of Ukrainian origin and from VAT on goods imported to Ukraine amounted UAH 69,8 bln and UAH 80,6 bln respectively. Value-added tax (VAT) applies to the supplies of goods and services, where the place of supply is within the customs territory of Ukraine as well as import of goods into Ukraine and export of goods from Ukraine.
Ministry of
Finance of
Ukraine
