The zero VAT rate for hotel services also applies to prepayments received before July 1, 2022 – for services that will be provided after this date. This was announced by the Ministry of Finance in a letter dated June 22, 2022 No. 03-07-11 / 59461.
Source: buhgalteria.ru
Latest Posts in "Russia"
- VAT Codes for 10% Rate on Food Products Updated Effective July 2026 in Russia
- Russia Proposes 2026 Tax Relief and Flexible Rules to Support SME Transition
- Russian Finance Ministry Explains New VAT Rate Impact on Lease Accounting Under IFRS
- Catering Businesses to Be Exempt from VAT Starting April 1 Under New Tax Law Amendments
- Are Educational Services Provided by Medical Institutions Subject to VAT?
