VAT on Consulting Services ~ U-Tax Blog

Friday, May 20, 2011

VAT on Consulting Services

Consulting, engineering, legal, accounting, audit and other similar services will be again subject to VAT. The relevant law on the amendments to the Tax Code of Ukraine was enacted by the Verkhovna Rada (Ukrainian parliament) on 19 May 2011.

As at the date of the publication of this post, the law has not been signed by the President of Ukraine yet.

The law comes into force on the first day of the month following the month in which it is published. So, if the law is signed by the President and published until 31 May 2011, such services will be VAT taxable since as early as 1 June 2011.

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