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New VAT declaration form developed by the Russian Federal Tax Service on October 3, 2024.

  • The Russian Federal Tax Service has developed a new form of VAT declaration
  • The draft order approving the form of the tax declaration, the procedure for its completion, and the format for submitting the VAT declaration electronically has been posted on the NPA projects portal
  • The document is in connection with the adoption of Federal Laws No. 100-FZ and No. 176-FZ
  • The new declaration will include lines for reflecting “simplified” VAT rates of 5% (7%) and corresponding calculation rates
  • Additional codes for operations subject to 0% VAT and exempt from tax will be added
  • Formats for submitting information electronically from purchase and sales books, invoices, and invoices received will be approved
  • The previous order from October 29, 2014, will be repealed
  • The new form and formats are expected to be used for declarations from the 1st quarter of 2025.

Source: garant.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.

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