Russia Extends VAT Deadline for High-Speed Rail Project Until 2029

• The Russian Official Gazette published Law No. 1992 on January 6
• The law extends the VAT payment deadline for a rail transportation project
• VAT payment extension is for 36 months, until January 28, 2029
• Applies to taxpayers involved in designing and constructing a high-speed rail from Kryukovo station to St. Petersburg main station
• Taxpayers must be listed as eligible by the end of the last working day of 2028 to use the extension
• The law became effective on the date of publication

Source: news.bloombergtax.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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