Amendments to the legislation
From January 1, 2015, the right for tax credit for VAT on transactions related to provision of services by a non-resident in the customs territory of Ukraine arises on the date of a tax return by a taxpayer. At the same time, the said tax return is regarded to give the ground for inclusion of the VAT amount stated therein to the tax credit, provided that it is registered in the uniform registry of tax returns, the National Fiscal Service in Zakarpatie oblast reports.
At present, this right comes into force on the date of VAT payment (levy) pursuant to the tax liabilities stated by a receiver of tax relief in the tax return for the previous accounting period.
The said amendments are set out in the law of Ukraine on prevention of the financial catastrophe and creating preconditions for economic growth in Ukraine dd. March 31, 2014, No.1166-VII.
