- The Federal Tax Service and Ministry of Industry and Trade of Russia have approved new lists of manufacturers of cable, wire, and copper semi-finished products for VAT purposes for Q1 2026.
- New VAT rules require buyers of copper semi-finished products to pay VAT as tax agents, extending a mechanism previously applied to other metals.
- Special VAT payment procedures apply depending on whether sellers and buyers are included in the official manufacturer lists.
- The lists, effective January 1, 2026, include 212 cable and wire manufacturers and 36 copper semi-finished product manufacturers.
- The information is based on company materials, and the AK&M Information Agency is not responsible for its accuracy or consequences.
Source: akm.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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