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VAT in Russia will be Increased
2.08.2018 08:47
VAT in Russia will be Increased
(Source: http://odishatv.in/business_economy)

The State Duma has adopted a law on increasing the value added tax from 18% to 20% beginning from 2019.

      The State Duma has adopted a law on increasing the rate of value added tax. From January 1, 2019, VAT will be increased from 18% to 20%.

      Preferential and zero rates will not change. The authorities promise that the revenues from the increase in VAT will be sent for improvement of infrastructure and healthcare.

      Read More Articles on Doing Business in Russia


Sources: https://pravo.ru 


Author: Anna Dorozhkina

Tags: Russian business Russian law Legal Services in Russia   

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