Russia mulls e-services split payments
- 9 July 2017 | Richard Asquith
The Russian tax authority has indicated that it may start requiring online electronic services market places to collect VAT charged on transactions on their marketplaces.
The aim would be to ensure non-residents selling streaming games, videos, music, apps, e-books etc. are correctly remitting the 18% Russian VAT due.
In addition to online marketplaces, credit card companies may be drawn into the requirement, too.
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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax
Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.