The Verkhovna Rada adopted in the second reading and in whole draft law № 2359-1 designed to exempt from taxation the procedure of separation of activities for the transportation of gas.
Online broadcast of the plenary sessions led to the official channel “Rada”.
The Tax code changes on the temporary exemption from VAT under the procedure of unbundling.
So, until January 1, 2021 are exempt from VAT transfers from the balance of the payer of tax on the balance of the state entities of all objects and structures that are used for the transportation of gas via trunk gas pipelines.
Until January 1, 2022, the date of occurrence of the tax credit on transactions of delivery of the state property, which is used to provide gas transportation, determined on a cash basis.
Until the beginning of 2021 are not considered supply of goods transfer operations and return under the loan agreement gas used to support the activities of natural gas transportation through trunk pipelines, if such operations are carried out with the aim of fulfilling obligations for Department of the activities of gas transportation and the operation of the operator GTS.
The law will enter into force on the day following its official publication.
Recall, the Verkhovna Rada, on 31 October adopted the draft law on the separation of gas transportation 341 voice of people’s deputies. The document began operating on 17 November of the current year.