Russia The Federal Tax Service has clarified the application of VAT with respect to the return of payments by a foreign entity to individuals for the early cancellation of a subscription for e-services. 03 May 201821 views1 min read Source: Deloitte Russian Ministry of Finance has proposed significantly lowering its import VAT and duty exemption threshold for goods imported into the country (“low value consignment relief”). The Ministry of Finance of the Russian Federation has clarified the application of VAT with respect to services rendered by one foreign company to another foreign company