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Russia VAT postponements on COVID-19

  • Mar 29, 2020 | Richard Asquith

29 March update: all taxes except VAT will be postponed for small and medium sized businesses will be delayed by six months.

23 March: The Russian government has given assurances of tax payment reliefs for some  "distressed sectors of the economy" during the coronavirus pandemic. It is still not clarified if this extends to Value Added Tax.

Industries such as tourism and airlines have been given tax deferrals from 1 May 2020. Tax and customs inspections for small businesses has been paused.

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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 can be contacted at: richard.asquith@avalara.com. He is part of the European leadership team which won International Tax Review's 2019 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.

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