- Russian Ministry of Finance issued Guidance Letter No. 03-07-08/22634 on March 14, 2024
- Clarifies currency conversion requirements for VAT purposes when selling foreign-made goods under contract
- Cost of goods sold is expressed in foreign currency, payment is made in rubles
Source: orbitax.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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