ORDER OF THE STATE TAX SERVICE OF UKRAINE

of July 5, 2012 No. 581

About approval of the Generalizing tax consultation concerning procedure for determination of the income and expenses on transactions on free transfer of goods (works, services)

Being guided by article 52 of the Tax Code of Ukraine, for the purpose of ensuring single approach to practical application of regulations of the tax legislation I ORDER:

1. Approve the Generalizing tax consultation concerning procedure for determination of the income and expenses on transactions on free transfer of goods (works, services) it (is applied).

2. To provide to department of interaction with mass media and the public (Semchenko O. V.) promulgation of the order on the GNS website of Ukraine and in mass media.

3. To impose control over the implementation of the order on the vice-chairman Ignatov A. P.

Approved by the Order GNS of Ukraine of July 5, 2012 No. 581

The generalizing tax consultation concerning procedure for determination of the income and expenses on transactions on free transfer of goods (works, services)

In consultation such reducings are used:

The tax code of Ukraine of December 2, 2010 No. 2755-VI - Code;

The law of Ukraine "About the taxation of profit of the companies" of December 28, 1994 No. 334/94 - the Law.

According to subitem 14.1.13 of Item 14.1 of article 14 of the Code non-paid the provided goods, works, services are goods which are provided according to gift agreements, other agreements under which monetary or other compensation of cost of such goods or their return, or without the conclusion of such agreements is not provided; works (service) which are performed (are provided) without promotion of the requirement concerning compensation them to cost; the goods transferred to legal entity or physical person to safe custody and used by it.

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