VAT rate of 0% is set for five years in respect of services for the provision of:
- places of temporary residence in hotels and other accommodation facilities. At the same time, for new and reconstructed hotels and other accommodation facilities, this period will be considered from the moment they are put into operation;
- for rent or use in another right of objects of the tourism industry put into operation after January 1, 2022.
Source: gov.ru
Latest Posts in "Russia"
- VAT Treatment for a Budget Institution When a Contract Is Invalidated
- Russia Plans VAT Relief for Anti-Drone Defense Purchases
- Russia Raises Import Duties on Selected Machinery and Equipment from 2027
- New Procedure for Confirming 10% VAT on Children’s Goods
- Russian Government backs VAT exemption bill for film-industry entrepreneurs
