Amendments To Article 5 Of The Law Of Ukraine "on Value Added Tax"

Original Language Title: Про внесення змін до статті 5 Закону України "Про податок на додану вартість"

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Read the untranslated law here: http://zakon3.rada.gov.ua/laws/show/1965-15

                                                          
With a k o n u r as th n and {Act repealed based on Code 2755 N-VI (2755-17) from the 02.12.2010, BD, 2011, N 13-14, 15-16 N, N 17, art. 112} on amendments to article 5 of the law of Ukraine "on value added tax" (Supreme Council of Ukraine (BD), 2005, N 1, item 4), the Verkhovna Rada of Ukraine n o s t a n o in l I is : I article 5 of the law of Ukraine "on value added tax" (168/97-BP) (Supreme Council of Ukraine, 1997, N 21, article 156, N 51, 305; 1998, N 10, 37, 18, N, 95, N 33, 224; 1999, N 2-3 centuries. 21, N 39, art. 357; 2000, N 13, art. 103, N 20, art. 149, N 23, St. 177, N 43, St. 363, St. 370;
2001, N 2-3 centuries. 10; 2002, N 31, art. 214; 2003, N 10-11 centuries. 86; 2004 N 17-18 centuries. 250, N 25, art. 346 N, 43-44, art. 493) to supplement paragraph 5.13 following contents: "5.13. Exempt from taxation of operations that are carried out within the framework of scientific and technological cooperation in accordance with the agreement between Ukraine and the European Community on scientific and technological cooperation (994_194): free transfer to the customs territory of Ukraine organizations instituted with the participation of the European Community, participants of the Ukrainian side of the goods, works, services acquired by means of the European Community or organizations, with the participation of the European Community;
import (transfer) of the goods into the customs territory of Ukraine, as well as to performance (rendering) and services (funds provided by the European Community) for use or consumption in the customs territory of Ukraine organizations instituted with the participation of the European Community, and/or members of the scientific and technological cooperation.
In case of violation of the requirements for proper use of the specified goods, works and services, the taxpayer is obliged to increase the tax liability for the results of the tax period, accounting for such a violation, the amount of value added tax, to be paid at the time of import (transfer) of the goods into the customs territory of Ukraine, fulfilling (providing) works, services on this territory or charged on a general basis, as well as pay a penalty provided, in accordance with the law. "
II. Final provisions 1. This law shall come into force on January 1, 2005.
2. the Cabinet of Ministers of Ukraine within six months from the date of enactment of this Act: to bring their regulations into conformity with this Act;
ensure enforcement of ministries and other central bodies of executive power of their normative-legal acts in compliance with this law;
develop appropriate projects of legislative acts which would be guiding and encouraging implementation of the provisions of the agreement between Ukraine and the European Community on scientific and technological cooperation (994_194), which was signed on July 4, 2002.

The President of Ukraine l. Kuchma Kiev, July 1, 2004 N 1965-IV