As a general rule, organizations that apply state regulated prices, when selling goods (works, services), taking into account subsidies provided by budgets, determine the VAT tax base as the cost of goods (works, services) sold, calculated based on the actual prices of their sales ( p. 2 article 154 of the Tax Code ). And the amounts of such subsidies are not taken into account when determining the tax base
Source: garant.ru
Latest Posts in "Russia"
- Russia Grants VAT Exemption for Precious Metal Banking Transactions Starting January 2026
- Russia to Implement 2026 VAT Rules and Delivery Confirmation for Marketplace Sales
- Putin Approves VAT Hike to 22% in Russia Amid Rising Military Costs and Falling Revenues
- Management Contract Price Increase Due to VAT Requires Approval at General Homeowners’ Meeting
- Russia Raises VAT to 22% from 2026, Introduces New Tax Changes and Benefits
