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Russia limits VAT exemption on software licences

Russia is limiting VAT exemptions on software licences. Foreign companies that licence software or databases to customers in Russia will now have to pay Russian VAT.

The software licence VAT exemption will now be limited to certain domestic software companies that are included in the official national register of software companies.

Advertising software is also no longer eligible for VAT exemption.

Source: vatglobal.com

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