VAT news tagged as "SaaS"

Russian Federation

Russia exempts foreign SaaS services from VAT creating reverse charge confusion

September 5th, 2014

The Russian Ministry of Finance has confirmed that online or Software as a Service (Saas) services provided to Russian companies from outside of the country may be Russian VAT exempt. The new interpretation in based on the current tax code, which makes no mention of such services, and therefore the Ministry believes no VAT is …