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Russian VAT update

  • Aug 19, 2016 | Richard Asquith

Russian VAT update

There have been a range of changes to the VAT code in Russia. These include:

  • VAT zero rating on supplies related to preparations for the World Cup in 2018
  • Goods traded in bonded warehouses may be exempted from VAT
  • VAT import exemption for medical supplies from 1 October 2016 if similar products are not produced in Russia

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Researching Russian VAT legislation is the first step to understanding your VAT compliance needs. Avalara has a range of solutions that can help your business depending on where and how you trade. 

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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 won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.