The Federal Customs Service of Russia recalls that the rates of importing duty-free goods for personal use into Russia will significantly drop from January 1, 2019. According to the information posted on the website of the Federal
RBC reports that with effect from April 10 2018, Russia has launched a system value-added tax (VAT) refund system for foreign citizens in the pilot mode.
The law allowing the citizens of countries that are not the members of the Eurasian Economic Union, to return VAT from purchases in Russia, was adopted last year.
For the first time, in light of the highly collaborative and mutually united relationship between Russia and Hong-Kong, the 2017 Moscow Economy Conference titled "Moscow - a city of investment opportunities was held at Peninsula Hong
There are three main rates of VAT depending on the nature of the supply. The 0% rate applies, in particular, to the sale of goods exported outside the Russian Federation. The 0% rate also applies to a list of services which includes,
In recent years, few tax incentives have been available in Russia, but that is now changing, partly due to the Russian government’s current modernisation agenda.
In recent years, few tax incentives have been available in Russia, but that is now changing, partly due to the Russian government’s current modernisation agenda.