From 01.01.2019 VAT rises up to 20% in Russia

Dear Clients, please be advised that starting from January 1, 2019 the basic rate of Russian VAT rises up to 20%. The previous VAT rate shall apply to goods and services sold on or before December 31, 2018. If your contracts contain the 18% VAT rate (for example, a contract says that the price is … Read more