Russia’s State Duma approved a bill that would allow taxpayers to recover input VAT on goods, works and services used in providing services outside Russia (exported services). An exception is made for services supplied outside Russia that fall within the category of VAT-exempt transactions. The bill still has to pass through two further stages before it becomes law: approval by the Federation Council (Parliament’s other chamber) and signature by the President.
Source: EY
Latest Posts in "Russia"
- Russia Grants VAT Exemption for Precious Metal Banking Transactions Starting January 2026
- Russia to Implement 2026 VAT Rules and Delivery Confirmation for Marketplace Sales
- Putin Approves VAT Hike to 22% in Russia Amid Rising Military Costs and Falling Revenues
- Management Contract Price Increase Due to VAT Requires Approval at General Homeowners’ Meeting
- Russia Raises VAT to 22% from 2026, Introduces New Tax Changes and Benefits
