Zero VAT for Moscow-St. Petersburg High-Speed Railway Carriers

• The Cabinet of Ministers submitted a bill to the State Duma for a zero VAT rate for carriers on the Moscow St Petersburg high-speed railway.
• The Russian Federation Government approved and submitted draft amendments to the Tax Code of the Russian Federation on the zero VAT rate for carriers on the Moscow St Petersburg high-speed railway.
• The zero VAT rate for passenger and baggage transportation, and transportation organization on the Moscow St Petersburg HSR, will be established from January 1 2028.
• The zero rate will be valid until January 1 2065.
• The Moscow St Petersburg high-speed railway is scheduled to launch in mid 2028.

Source: akm.ru

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