VATupdate
russia

Share this post on

Government Approves Zero VAT Rate for Moscow—St. Petersburg High-Speed Railway Carriers

  • Board of Directors approved zero VAT rate for carriers on Moscow—St. Petersburg high-speed railway
  • Government’s Commission on Legislative Activity approved draft amendments to Tax Code
  • Zero VAT rate for transportation of passengers and baggage on HSR from January 1, 2028
  • Zero rate valid until January 1, 2065
  • Amendments aim to develop high-speed rail services and subjects of Russian Federation
  • Moscow—Saint Petersburg high-speed railway scheduled to launch in mid-2028

Source: akm.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.

Sponsors:

VAT news

Advertisements: