President of Ukraine Petro Poroshenko has signed Law of Ukraine No 1833 On Changes to the Tax Code of Ukraine (as regards preparation, production, distribution of printed books and periodicals for mass distribution if they are published in Ukraine), according to the information made available on the official portal of the Verkhovna Rada, RBK-Ukraine (РБК-Україна) reports.
According to the law, VAT-free are supply (advance payment) and delivery of printed periodicals for mass distribution (except publications of erotic nature) issued by domestic publishers, preparation (literary, scientific and technical editing, correction, design and layout), production (printing on paper or recording on electronic media), distribution of books, including electronic content (except publications of erotic nature), if printed in Ukraine, including pupils’ notebooks, textbooks and workbooks, foreign and Ukrainian glossaries or vice versa, in the customs territory of Ukraine.
