- From July 1, 2024, sellers from the Eurasian Economic Union (EAEU) must pay VAT in Russia when selling EAEU goods through EAEU electronic trading platforms.
- Changes have been made to the Russian Tax Code, specifically Chapter 21 “Value Added Tax,” with the addition of Article 174.3 regarding the calculation and payment of tax on the sale of EAEU goods to individuals through electronic trading platforms.
- Organizations registered in EAEU countries, including intermediaries such as commission agents, agents, and representatives, must register with the tax authority in Russia and calculate VAT on such sales.
- VAT will be calculated by sellers and intermediaries from the EAEU based on a tax rate of 16.67% or 9.09% as specified in the Russian Tax Code.
- The corresponding tax declaration must be submitted quarterly by the 25th of the month, and the tax must be paid quarterly by the 28th of the following month. Electronic services are available for VAT registration, declaration submission, tax payment, and interaction with the tax authority.
Source: nalog.gov.ru
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
