LAW OF UKRAINE

of June 3, 2021 No. 1525-IX

About introduction of amendments to the Tax Code of Ukraine concerning cancellation of the taxation of income gained by nonresidents in payment type for production and/or distribution of advertizing and enhancement of procedure for the taxation the value added tax of transactions on delivery by nonresidents of electronic services to physical persons

The Verkhovna Rada of Ukraine decides:

I. Bring in the Tax code of Ukraine (Sheets of the Verkhovna Rada of Ukraine, 2011, Art. No. No. 13-17, 112) the following changes:

1. In Item 14.1 of Article 14:

Subitem 14.1.139 after the paragraph of the twelfth to add 1) with five new paragraphs of the following content:

"e) nonresident person who has no permanent mission and delivers on customs area of Ukraine to physical persons, including physical persons - the entrepreneurs who are not registered by taxpayers on value added, electronic services including by provision of access to electronic services via the electronic interface and/or delivers to provision of the technical, organizational, information and other capabilities performed with use of information technologies and systems for establishment of contacts and the conclusion of transactions between sellers and buyers such electronic services in intermediary agreements on its own behalf, but at the request of the supplier of electronic services.

Provisions of this subitem do not extend to nonresidents who:

deliver electronic services in intermediary agreements if in accounts (receipts), the electronic services provided to customers, the list of such electronic services and their actual supplier is determined;

perform only payment processing for electronic services and do not take part in provision of such electronic services;

deliver electronic services directly through the permanent mission in Ukraine".

With respect thereto the thirteenth - the sixteenth to consider paragraphs respectively paragraphs the eighteenth - the twenty first;

To add 2) with subitems 14.1.56-5, 14.1.158-1 and 14.1.158-2 of the following content:

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info