Russia Clarifies 0% VAT Rate for Temporary Accommodation in Hotels and Other Accommodation Facilities
The Russian Ministry of Finance recently published guidance letter 03-07-11/46390, which explains the application of the 0% VAT rate on services for the provision of temporary accommodation in hotels and other accommodation facilities as introduced by Federal Law No. 67-FZ of 26 March 2022. The letter explains that the 0% VAT rate applies until 30 June 2027 or, in the case of construction/recon…
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