Russia VAT returns changes
- European News
- 4 November 2014 | Richard Asquith
There are a number of changes proposed to the Russian VAT:
Russian VAT filings
Russian VAT returns are generally submitted on a quarterly calendar basis, with any VAT payment due on the same day. The Russian Federation does allow for resident companies to offset any VAT due against any other tax liabilities, including corporate income tax. All companies must file electronically, based on authorized software, since the beginning of this year.