Russia Implements 10% VAT Rate on Children’s Goods

• President of Russia signed a law expanding the list of children’s goods subject to a reduced VAT rate of 10%.
• The law includes various items such as clothing, footwear, furniture, strollers, bicycles, toys, and school supplies.
• The reduced VAT rate does not apply to leather and fur sewing products, except for those made from natural sheepskin and rabbit fur.
• The law aims to make children’s goods more affordable for families.

Source: garant.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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