Buyers of copper semi-finished products will become VAT tax agents from July 11, 2024.

• Buyers of copper semi-finished products will become tax agents for VAT
• A bill has been introduced to the State Duma to make buyers of copper semi-finished products responsible for calculating and paying VAT
• The bill defines copper semi-finished products as goods containing copper used for the production of cable-conductor products
• The shift of VAT responsibility to buyers aims to prevent tax evasion schemes and disputes between producers and tax authorities
• Tags: state control, bills, taxes, VAT, industry, financial control, State Duma

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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