Investments in residential real estate: what to expect in case of acceptance of the project №5600 researched by the lawyer of "Skliarenko, Sydorenko and partners"

Among residential real estate investors are now quite actively discussing changes in
VAT taxation of housing supply transactions proposed by the draft amendments to
Of the Tax Code (№ 5600 of 02.06.2021).

Today, only the first supply of housing is subject to value added tax. But if the law is adopted in the proposed version of its draft, then from VAT
will release only the first supply of affordable housing and housing under construction attracting public funds.However, most construction sites are not affordable housing in the sense of norms legislation!What will change and how it will affect the investment - a lawyer of  "Skliarenko, Sydorenko and partners "Tetiana Borysenko answered these questions in an article for the portal UBR.UA.