As part of anti-sanction measures for the tax periods of 2022 and 2023, a number of taxpayers may apply for an accelerated VAT refund in an amount not exceeding the total amount of taxes and insurance premiums paid for the previous calendar year, even without presenting a bank guarantee or security.
Source: garant.ru
Latest Posts in "Russia"
- Russia is set to increase its standard VAT rate from 20% to 22% starting in 2026
- Russia Faces Economic Uncertainty Amid VAT Hike Plans and Escalating US Sanctions
- Russian IT Industry Retains VAT Exemption, Easing Tax Pressure on Software Developers
- Russian Government Delays Removal of VAT Break for Domestic Software Developers
- Russian Small Businesses Warn Tax Hikes May Force Closures, Push Firms Into Shadow Economy
