REUTERS
The relevant norms are laid down in the NBU resolution of December 28, 2019.
The National Bank of Ukraine (NBU) has clarified the list of cash settlement transactions that are not subject to taxation.
The relevant norms are enshrined in the NBU resolution of December 28, 2019, which entered into force on January 10, the NBU's press service wrote on Friday.
In particular, the regulator made changes to the list of transactions related to the opening/closing of customer accounts in national and foreign currencies, and bank metals; providing paperwork on customer settlements or their confirmation; and carrying out settlements and cash services related to customers.
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The NBU emphasized that such changes would allow users to correctly determine transactions that are not subject to value added tax.
As UNIAN reported earlier, on September 25, 2019, the regulator granted banks the right to round off cash transactions due to the withdrawal of coins in denomination of 1, 2, and 5 kopiykas from circulation on October 1.