Post by joita97330 on Feb 11, 2024 5:28:27 GMT -6
Section excluding printed advertising and information materials gifts of low value and samples if the taxpayer was entitled to deduct input tax upon their purchase and the provision of services for payment specified in Art. section the provision has been extended to include the use of goods constituting part of the taxpayers enterprise for purposes other than the taxpayers business activity as well as any other free provision of services for purposes other than the taxpayers business activity is subject to VAT.
From April this change results in taxation in more cases of free provision of services or supplies of goods including when the taxpayer transfers or uses goods or services for advertising and representation purposes. Taxation of free transfer Belarus Email List provided that you have the right to deduct tax when purchasing goods or services. In the case of transfer of goods both in Art. section as well as art. section point such a transaction is subject to VAT if the taxpayer was entitled toin to reduce the amount of tax due by the amount of tax charged on the purchase of these goods.
This means that in the case of purchasing goods from a person who did not charge VAT for sale e.g. the seller was a VATfree person and issued an invoice the free transfer of goods for representation and advertising purposes will not be subject to VAT. In the case of services there is no mention of the right to deduct VAT when purchasing them Art. section point therefore both when purchasing a service from a nonVAT payer and from a VAT payer and then providing this service free of charge for purposes related to representation and advertising the transaction is subject to VAT.
From April this change results in taxation in more cases of free provision of services or supplies of goods including when the taxpayer transfers or uses goods or services for advertising and representation purposes. Taxation of free transfer Belarus Email List provided that you have the right to deduct tax when purchasing goods or services. In the case of transfer of goods both in Art. section as well as art. section point such a transaction is subject to VAT if the taxpayer was entitled toin to reduce the amount of tax due by the amount of tax charged on the purchase of these goods.
This means that in the case of purchasing goods from a person who did not charge VAT for sale e.g. the seller was a VATfree person and issued an invoice the free transfer of goods for representation and advertising purposes will not be subject to VAT. In the case of services there is no mention of the right to deduct VAT when purchasing them Art. section point therefore both when purchasing a service from a nonVAT payer and from a VAT payer and then providing this service free of charge for purposes related to representation and advertising the transaction is subject to VAT.