The President of the Russian Federation instructed the Government to prepare amendments to the Tax Code, providing for the exemption of organizations conducting tour operator activities from paying VAT. For the period from January 1, 2023 to June 30, 2027, organizations engaged in tour operator activities are exempt from VAT in relation to their operations to form and sell a tourist product in the field of domestic or inbound tourism.
Sources:
Latest Posts in "Russia"
- Kremlin Silent on Reports of Potential VAT Increase in Russia’s 2026 Budget
- Russia Plans VAT Increase to Address Budget Deficit Amid War Spending
- Kremlin Considers Raising VAT to 22% to Address Budget Deficit, Sources Say
- When Organizations on Simplified Tax System Can Issue Invoices with Standard VAT Rate
- Simultaneous Use of Special and Standard VAT Rates Prohibited in Russia from September 2025
