EconomyFinance

eBay is adding 20% of the VAT to its services in Ukraine.

Monday, December 27, 2021
eBay is adding 20% of the VAT to its services in Ukraine.

eBay has sent a warning letter to Ukrainian users to add 20% value-added tax (VAT) to their services. Since January 2022, the so-called “tax on Google” will come into force. Furthermore, in June 2021, the President signed law No.1525-IX that introduces 20% VAT on online services that non-resident companies provide to Ukrainian users. According to the new rules introduced by this law, such electronic services are subject to VAT (20%), reported ain.ua.

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