The Ministry of Finance of Russia recalled the mandatory requirements that must be met in order to apply the above exemption ( letter of the Department of Tax Policy of the Ministry of Finance of Russia dated April 26, 2023 No. 03-07-07/38261 ). So, first of all, the forms of the above tickets and subscriptions must be approved in the prescribed manner as forms of strict accountability by organizations operating in the field of culture and art.
Source: garant.ru
Latest Posts in "Russia"
- VAT Refund Court Practice Development Without Sales Realization 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