- The list of operations not subject to VAT has been supplemented.
- The changes were made to Article 146 of the Tax Code of the Russian Federation.
- According to the changes, the transfer of assets by a non-profit organization recognized as a personal fund or an international personal fund is not subject to VAT.
- The transfer must be in accordance with the conditions approved by the founder of the organization.
- The beneficiaries of the transfer must be individuals or specific categories of individuals.
- These changes came into effect on October 1, 2023.
Source: nalog.gov.ru
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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