In Russia will increase the VAT rate

In Russia will increase the VAT rate

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Today, 13:05

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The rate will increase by 2%.

In Russia by 2% will increase the rate of value added tax to 20%.

This was stated by Prime Minister Dmitry Medvedev, writes “RIA Novosti”.He assured that the VAT exemption for basic services and socially important goods will be kept.

Today, VAT in Russia is 18%. Some of the goods and services subject to VAT at 10% and 0%, writes “Novaya Gazeta”. The government planned to cancel the preferential rates, however, according to sources of “Vedomosti”, it was decided to keep them. Exemptions apply to food, baby products, books, teaching literature and medicine.

Earlier it was reported that Morgan Stanley predicts the fall of the Russian ruble.

  • Russia
  • taxes
  • VAT

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