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Eurasian Economic Union Treaty Including Changes to VAT Tax Rules Signed

|Approved Changes|Belarus-Kazakhstan-Russia
Belarus-Kazakhstan-Russia

On 29 May 2014, Belarus, Kazakhstan, and Russia signed a treaty creating the Eurasian Economic Union (EEU). The treaty creates a single market and makes changes to the VAT regime as it applies to the Customs Union of the three countries.

Key VAT changes include:

  • Indirect taxes will not be applied if goods are delivered among subdivisions of a single legal entity that are located in different …

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