- FNS of Russia recommended a new operation code for VAT declaration
- From April 1, 2025, contractor work under a construction contract with an individual using escrow accounts is not subject to VAT
- Taxpayers can use operation code 1011235 in section 7 until changes are made to Appendix 1 of the VAT declaration filling procedure
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 to Impose Gradual VAT on Foreign Online Marketplace Goods Starting 2027
- VAT Codes for 10% Rate on Food Products Updated Effective July 2026 in Russia
- Russia Proposes 2026 Tax Relief and Flexible Rules to Support SME Transition
- Russian Finance Ministry Explains New VAT Rate Impact on Lease Accounting Under IFRS
- Catering Businesses to Be Exempt from VAT Starting April 1 Under New Tax Law Amendments
