- The head of state signed a law on VAT payment when trading through electronic platforms within the EAEU
- The law regulates the taxation of trade through electronic platforms (ETPs) within the EAEU
- ETP is defined as an information system on the Internet where buyers can order goods, view payment and delivery terms
- Changes are made to the Tax Code of the Russian Federation regarding the registration of foreign sellers through ETPs
- VAT calculation and payment are done by organizations and individuals from EAEU countries selling goods through ETPs
- Foreign and Russian intermediaries are also considered tax agents for VAT payment
- VAT amounts cannot be deducted for foreign sellers or intermediaries when purchasing goods in Russia
- Russian taxpayers can deduct VAT amounts from suppliers when selling goods through ETPs to buyers in other EAEU countries.
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.
