- Institutions do not need to include reimbursement amounts in the tax base for VAT
- Operations for the sale of goods/services in Russia are subject to VAT
- The tax base for VAT is increased by amounts received for sold goods/services as financial assistance
- Cash not related to payment for taxable goods/services is not included in the tax base for VAT
- If an institution receives money for cost reimbursement related to purchased goods/services, it is not included in the tax base for VAT
- For example, in the case of lease, compensation for costs to the lessor by the lessee is not included in the tax base for VAT
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.
Latest Posts in "Russia"
- Russia plans zero VAT for educational children’s books
- New Executive Order waives Russian sanctions and tariffs under Graham Act
- VAT Treatment for a Budget Institution When a Contract Is Invalidated
- Russia Plans VAT Relief for Anti-Drone Defense Purchases
- New Procedure for Confirming 10% VAT on Children’s Goods
