- Putin instructed to consider VAT exemption for food and goods transferred to charities.
- The government should consider increasing the limit of expenses for corporate income tax from 1% to 3% for donations to charities.
- The government should consider accounting for expenses related to services provided to charities as part of the non-profit tax base for corporate income tax.
Source: tass.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.
Latest Posts in "Russia"
- Russian Finance Ministry Suggests VAT on Online Platform Purchases
- Russia’s VAT Hike to Fund Defense Spending Expected to Increase Inflation by 1% Next Year
- Russia’s SPOT System Boosts VAT Revenue Growth in Federal Budget for Second Year
- Russian Finance Ministry Proposes VAT on Foreign Marketplace Purchases Starting 2027
- Russian Finance Ministry Proposes VAT on Foreign Goods from Marketplaces, Gradual Rate Increase Planned
