Starting this year, companies operating in the catering sector can apply for a VAT exemption. With the advent of benefits, companies began to have questions about the rules for its application. “Calculation” studied the latest clarifications of officials who touched on the use of preferences. The Ministry of Finance of Russia, in a letter dated January 19, 2022 No. 03-07-07 / 2566, answered the question about notifying the tax inspectorate about the application of benefits.
Source: buhgalteria.ru
Latest Posts in "Russia"
- Russian Court Rules on VAT Deductions Without Invoices in Otis Case
- Russia Proposes VAT on Foreign E-Commerce Sales to Russian Consumers
- Russia’s VAT Hike to Cut Bank Profits by $3.4 Billion in 2026
- Russian Finance Ministry Suggests VAT on Online Platform Purchases
- Russia’s VAT Hike to Fund Defense Spending Expected to Increase Inflation by 1% Next Year
