Russia to impose 18 percent VAT on certain e-commerce as from 1.1.2017


shutterstock_87654373_taxes_468Russia’s State Duma passed at third reading a bill that would charge 18% VAT on the sale via the Internet of electronic services, games, music, books and video products, to Russians. Read More »

Russia – change of the Tax Code as from 1 January 2013


The Russian Duma has adopted changes to the VAT Chapter of the Russian Tax Code. The amendments should come into force as from 1 January 2013.

This means that VAT exemptions will become significantly wider. Under the current legislation VAT exemptions are quite limited to the trade with securities and core banking and insurance services.Read More »