- Russian parliament passes law to abolish double VAT on resale of used cars and motorcycles between dealers
- Currently, dealers have to pay VAT twice when buying secondhand vehicles from other dealers
- The new law aims to reduce financial burden on dealers and promote growth in the used car market
Source: aimgroup.com
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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