Since the beginning of the full-scale invasion of the Russian Federation into Ukraine on 24 February 2022, a large number of amendments have been made to the Tax Code of Ukraine regarding VAT.
The following three are the most notable among those amendments:
1) Introduction of a temporary reduced VAT rate of 7% for motor fuels;
2) Governing the issue of the enjoyment of input VAT deduction without a registered VAT invoice for February-May 2022; and
3) Suspension of the operation of the VAT refund procedure for the period until July 2022.
