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Ukraine > Legal Developments > Law firm and leading lawyer rankings

Editorial

Changes in VAT treatment of retroactive discounts

October 2011 - Corporate & Commercial. Legal Developments by Baker & McKenzie.

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Recent developments

On 1 October 2011 important changes to the VAT treatment of retroactive discounts introduced by Federal Law No. 245-FZ dated 19 July 2011 as part of a wider package of VAT amendments will come into effect. The new rules resolve the long-standing uncertainty as to the VAT treatment of retroactive discounts.

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