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Russia Support Measures to Counter Effects of Sanctions

  • A VAT zero-rate for five years for hospitality businesses, including hotel owners and investors who build, rent, and manage tourist facilities;
  • Authorization for the government to suspend, cancel, or postpone tax control measures and to extend deadlines for the payment of taxes, fees, and insurance contributions from 1 January to 31 December 2022; and
  • The suspension of increased penalties for late payment where the delay exceeds 30 days.

Source Orbitax

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