Ukraine Tax Codes

Tax codes determine how much tax is paid on each transaction line item. For NetSuite to calculate correct values on transaction records and tax reports, make sure that the tax codes for Ukraine are set up correctly.

For more information on tax codes, see Tax Code Properties and Creating Tax Codes.

Tax Code Table for Ukraine

The following table shows the tax properties required to correctly generate the Ukraine tax report provided by the International Tax Reports SuiteApp. The tax code names or letters used in the following table are suggested names or default system preferences. You can rename the tax codes. Tax reports identify transactions by looking at the tax code properties, not the tax code names.

On the New Tax Code or Edit Tax Code page, check the boxes of the properties that apply to the tax code. For more information about tax code properties, see Tax Code Properties.

Important:

Please consult your tax agency for the correct tax rates.

Tax Code	Description	Property	Rate	Available On
S-UA	Standard rate		20%	Both (Sales and Purchases)
O-UA	Exports	Export	0%	Sales
Z-UA	Zero rate		0%	Both (Sales and Purchases)
NT-UA	Non taxable transactions in country	Non Taxable	0%	Both (Sales and Purchases)
SSO-UA	Services provided outside the customs territory of Ukraine	Applies to Service Items Outside Customs Territory		Sales
E-UA	VAT exempt sales	Exempt		Sales
IE-UA	VAT exempt imports	Exempt Import	0%	Purchases
IS-UA	Imports with VAT	Import	20%	Purchases
NTI-UA	Non taxable imports	Non Taxable Import Non Resident	0%	Purchases
NTS-UA	Non taxable services received from non residents	Non Taxable Applies to Service Items Non Resident	0%	Purchases
CGS-UA	Capital goods - standard rate	Capital Goods	20%	Purchases
CGZ-UA	Capital goods - zero rate	Capital Goods	0%	Purchases
CGNT-UA	Capital goods - non taxable	Non Taxable Capital Goods	0%	Purchases
SS-UA	In country services received from non residents	Applies to Service Items Non Resident	20%	Purchases
NRS-UA	Purchases from non residents - not recoverable	Non Resident Non Recoverable	20%	Purchases
NRZ-UA	Purchases from non residents - not recoverable, zero rate	Non Resident Non Recoverable	0%	Purchases

Related Topics

Tax Accounting Overview

Enabling and Setting Up Taxation Features

Managing Tax Codes

Ukraine VAT Report

VAT and GST Reporting Overview

International Tax Reports

General Notices