- Ministry of Finance clarifies VAT obligations for taxpayers acquiring non-exclusive rights to software from non-resident
- Taxpayers must pay VAT on software acquired from non-resident suppliers
- VAT must be paid by the recipient of the software
- Clarification aims to ensure compliance with VAT regulations
Source: research.ibfd.org
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 is set to increase its standard VAT rate from 20% to 22% starting in 2026
- Russia Faces Economic Uncertainty Amid VAT Hike Plans and Escalating US Sanctions
- Russian IT Industry Retains VAT Exemption, Easing Tax Pressure on Software Developers
- Russian Government Delays Removal of VAT Break for Domestic Software Developers
- Russian Small Businesses Warn Tax Hikes May Force Closures, Push Firms Into Shadow Economy
