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

---

---