- VAT should be charged when transferring gift certificates to third parties
- The transfer of ownership of goods, services, or property rights is subject to VAT in Russia
- The transfer of a gift certificate, which allows the holder to purchase goods, services, or works from the issuer, is not exempt from VAT
- The operation of transferring a gift certificate is not listed as exempt from VAT in the Russian Tax Code
- Therefore, VAT should be charged on the transfer of gift certificates according to the Ministry of Finance of Russia.
Source: glavkniga.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.