- Income from VAT-exempt operations is considered in the 60 million ruble limit calculation.
- The Russian Ministry of Finance states that for simplified tax systems, income from both VAT-taxable and VAT-exempt operations should be included in the 60 million ruble limit.
- Individual entrepreneurs without grounds for VAT exemption from January 1, 2025, can apply VAT exemption for residential property sales.
- This is based on the Russian Ministry of Finance’s letter dated March 17, 2025.
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.
