- A bill was introduced to the State Duma to set a zero VAT rate for passenger and baggage transportation services on the Moscow-St. Petersburg high-speed railway line from 2028 to 2065.
- The bill aims to promote the development of high-speed rail transportation, regional development, job creation, and increase tax revenue in the regions.
- Taxpayers will need to provide documentation to the tax authorities to justify the use of the zero rate and VAT deductions.
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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