Russian VAT update

Sat 20th Aug 2016

There have been a range of changes to the VAT code in Russia. These include:

  • VAT zero rating on supplies related to preparations for the World Cup in 2018
  • Goods traded in bonded warehouses may be exempted from VAT
  • VAT import exemption for medical supplies from 1 October 2016 if similar products are not produced in Russia