Ukraine's State Fiscal Service recently published guidance clarifying the application of the temporary value added tax (VAT) exemption for the supply of updated software versions. The guidance confirms that prior guidance on the general supply of software also applies in relation to software upgrades, including that such supplies qualify for the temporary VAT exemption from 1 January 2013 to 1 January 2023. Such supplies may also qualify for the general VAT exemption on royalty payments, whic…